Welcome to the Centre for International Central Bank Dialogue
Financial Stability and Macroprudential Policy, from 07.06.2027 till 11.06.2027 in Frankfurt
Objective
The Deutsche Bundesbank, as the central bank of Germany, holds a legal and operational responsibility to maintain the stability of the financial and monetary system, ensuring that the system can perform its economic functions effectively at all times. This responsibility is crucial for providing a sound basis for sustainable growth and economic welfare. The Bundesbank is legally mandated by the Financial Stability Act to safeguard financial stability in Germany.
In fulfilling its macroprudential responsibilities, the Bundesbank conducts regular analyses to identify vulnerabilities within the financial system, monitoring financial intermediaries, markets, and infrastructures. These efforts are aimed at the early detection of systemic risks that could potentially destabilize the financial system.
Furthermore, the Bundesbank assesses the effects of macroprudential tools. These assessments inform decisions about their calibration and help evaluate the effectiveness of implemented macroprudential policies retrospectively.
This course will explore the Deutsche Bundesbank’s role in the macroprudential policy cycle and its approaches for financial stability analysis. Participants will develop a comprehensive understanding of financial stability, systemic risks, and macroprudential policies, incorporating both theoretical insights and practical applications.
Contents
- Macroprudential framework in the EU and Germany
- Analysis of risks and current vulnerabilities
- Strategies to end 'too-big-to-fail'
- Financial stability implications of climate change
- Financial stability risks in real estate markets
- Macroprudential tools and the Countercyclical Capital Buffer (CCyB)
Target group
This course is designed for central bank officials engaged in financial stability tasks. Participants should have a sound understanding of systemic risk surveillance and macroprudential policy. Contributions on recent developments in participants’ respective countries are encouraged. The course may also be beneficial for staff from other central bank divisions such as banking supervision, monetary policy, or payment systems.