International Central Banking Courses - Centre for International Central Bank Dialogue - Deutsche Bundesbank

Centre for International Central Bank Dialogue
 International Central Banking
 Courses
 (01.01.2022 – 30.06.2022)
Photo: AdobeStock_335249788

International Central Banking Courses 2022
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International Central Banking Courses (01.01.2022 – 30.06.2022)
Please apply online via the Bundesbank website by clicking on the link in the respective course description:
International Central Banking Courses | Deutsche Bundesbank

Area Title Date Application Page
 deadline

Cash management and Issuance of banknotes and coins - 09.02.2022 21.01.2022 4
payment systems policy and operations (with regard to
 the euro area)

Good governance Central bank communication 14.02.2022 – 17.02.2022 28.01.2022 5

Banking supervision Accounting for banking supervisors 15.02.2022 – 17.02.2022 28.01.2022 6

Monetary policy Monetary policy instruments and 21.02.2022 – 25.02.2022 04.02.2022 7
 implementation

Good governance Human resources issues and 21.02.2022 – 25.02.2022 10.01.2022 8
 compliance

Cash management and The use of IT solutions in cash 02.03.2022 – 03.03.2022 11.02.2022 9
payment systems management

Good governance Human resources management 08.03.2022 – 10.03.2022 18.02.2022 10

Monetary policy Monetary policy implementation 08.03.2022 – 10.03.2022 18.02.2022 11

Cash management and Cash requirement planning 08.03.2022 – 09.03.2022 18.02.2022 12
payment systems

Cash management and Payment and securities settlement 15.03.2022 – 17.03.2022 25.02.2022 13
payment systems systems

Monetary policy Foreign reserve management 21.03.2022 – 25.03.2022 04.03.2022 14

Cash management and Cash Management 3.0 23.03.2022 – 24.03.2022 04.02.2022 15
payment systems

Good governance Digital document management at 28.03.2022 – 31.03.2022 11.02.2022 16
 central banks

Financial and Introduction to financial stability, 28.03.2022 – 01.04.2022 11.03.2022 17
monetary system systemic risk and macroprudential
 policy

Good governance Environmental and energy manage- 04.04.2022 – 07.04.2022 18.02.2022 19
 ment at the Deutsche Bundesbank

Banking supervision Mathematical models for banking 05.04.2022 – 07.04.2022 18.03.2022 21
 supervisors

Cash management and Cash centre project - 12.04.2022 – 13.04.2022 25.03.2022 23
payment systems key elements for success

International Central Banking Courses 2022
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Online courses (01.01.2022 – 30.06.2022)
Please apply online via the Bundesbank website by clicking on the link in the respective course description:
International Central Banking Courses | Deutsche Bundesbank
Area Title Date Application Page
 deadline

Banking supervision Introduction to the Basel framework 25.04.2022 – 29.04.2022 11.03.2022 24

Financial and monetary Recovery and resolution with a focus 02.05.2022 – 05.05.2022 18.03.2022 25
system on credit institutions

Cash management and Gold reserves - historical angles and 04.05.2022 15.04.2022 26
payment systems inventory management

Financial and monetary Macroprudential surveillance 09.05.2022 – 13.05.2022 25.03.2022 27
system

Cash management and Involvement of the central bank in 11.05.2022 22.04.2022 28
payment systems the cash cycle - external cash recycling

Good governance Operational risk management, 16.05.2022 – 20.05.2022 01.04.2022 29
 continuity management and crisis
 management

Monetary policy Developing financial markets 17.05.2022 – 19.05.2022 01.04.2022 30

Good governance Internal communication at the 23.05.2022 – 24.05.2022 06.05.2022 32
 Bundesbank

Good governance Economic education - 08.06.2022 – 10.06.2022 22.04.2022 33
 the role of central banks

Good governance Public procurement 13.06.2022 – 15.06.2022 29.04.2022 34

Cash management and Payment and securities settlement 21.06.2022 – 23.06.2022 03.06.2022 35
payment systems systems

Financial and monetary Financial stability - systemic risk, 27.06.2022 – 01.07.2022 10.06.2022 36
system macroprudential policy and stability
 analysis

Monetary policy Monetary policy implementation - 28.06.2022 – 30.06.2022 13.05.2022 38
 importance of market intelligence

Please apply online via the Bundesbank website by clicking on the link in the respective course description:
International Central Banking Courses | Deutsche Bundesbank

International Central Banking Courses 2022
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 Issuance of banknotes and coins –
 policy and operations (with regard to
 the euro area)
 09.02.2022 Target group
 Online course This online course is aimed at those new to
 roles in central bank cash departments who
Application deadline would like to start by gaining an overview of
21 January 2022 the field, through to more experienced experts
 wishing to deepen their knowledge and learn
Objective about the approach taken in Europe, including
Participants of this online course will have the a close look at the Bundesbank. The online
opportunity to get a broad overview of all course will be of particular interest to central
aspects of cash management specific to bank- banks wishing to join the euro area or interested
notes and coins. The online course will also in the approach to cash supply applied by central
serve as a convenient forum for an initial banks.
exchange of experts’ views from central bankers
worldwide. Technical requirements
 Computer with microphone, camera, speakers
Contents or headphones; an up-to-date internet browser.
• Issuance of euro cash and responsibilities for
 banknotes and coins in Europe and in Germany
• Banknotes and coins used in the cash cycle
• Euro banknotes and coins in circulation –
 current situation
• Forecasting demand
• Banknote printing
• Innovative new coin products
• Cash recycling / common rules
• Cash processing machines in use
• Ergonomical and efficient approaches
• Challenges for the future

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Central bank communication
 

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Accounting for banking supervisors
 

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Monetary policy instruments
and implementation
 

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Human resources issues and
compliance
In cooperation with the Oesterreichische Nationalbank
(OeNB) and the Joint Vienna Institute (JVI)
 

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The use of IT solutions in
cash management
 

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Human resources management
 

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Monetary policy implementation
In cooperation with the Oesterreichische Nationalbank
(OeNB) and the Joint Vienna Institute (JVI)

 

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Cash requirement planning
 

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Payment and
securities settlement systems
 

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Foreign reserve management
 

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Cash management 3.0
 

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Digital document management at
central banks
 

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Introduction to financial stability,
systemic risk and macroprudential
policy
 

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Target group Technical requirements
This course is aimed at central bank officials Computer with microphone, camera, speakers
working in the area of financial stability. Partici- or headphones; an up-to-date internet browser.
pants should have a basic understanding of the
surveillance and analysis of systemic risk and
macro-prudential policy. Input from participants
on current developments in their home coun-
tries is appreciated. The course may also be of
interest to staff working in other central bank
areas related to financial stability, such as bank-
ing supervision, monetary policy or payment
systems.

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Environmental and energy manage-
ment at the Deutsche Bundesbank
 

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Target group Technical requirements
The expert panel is aimed at central bank staff Computer with microphone, camera, speakers
from developing countries or emerging markets or headphones; an up-to-date internet browser.
with managerial involvement in operationalising
or planning environmental or energy manage-
ment at their institution.

The expert panel will serve as a platform for the
exchange of experiences and knowledge. Partic-
ipants will be asked to actively contribute to the
panel, e.g. in the form of a presentation.

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Mathematical models for
banking supervisors
 Contents
 • Day 1:
 – Introduction to mathematics in risk control
 – Time series and estimation
 – Random variables, density functions and
 quantiles
 – Independence and correlation

 • Day 2:
 – Reading and understanding complex
 regulatory formulas: the Basel formula for
 risk weights
 – Economic and mathematical background
 of the Basel formula
 – Application of the Basel formula for
 different types of credit portfolios
 – Practical examples and calculations

 • Day 3:
 – Model types and estimation methods in
 risk control, especially for market risk
 – Historical simulation vs. Monte Carlo
 simulation
 – Types of correlation risk

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Target group Technical requirements
On-site and off-site banking supervisors with a Computer with microphone, camera, speakers
good knowledge of regulatory capital require- or headphones; an up-to-date internet browser.
ments and at least basic knowledge of mathe-
matics and statistics. The course is aimed specif-
ically at non-mathematicians who are interested
in quantitative topics.

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Cash centre project –
key elements for success
 Target group
 This online course is aimed at experienced
 experts or executives from cash departments
 wishing to deepen their knowledge. There will
 be the opportunity to learn more about building
 up a project team for a revamping programme
 (especially one involving establishment of a cash
 centre), with emphasis on planning and decision-
 making.

 The online course will be of particular interest to
 central banks planning to revamp their cash
 processing procedures, buy new equipment or
 those considering setting up a cash centre.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Introduction to the Basel framework
 Contents
 • Overview of the institutional set-up of bank-
 ing supervision in Germany and Europe
 • General overview of the Basel framework,
 the motivation behind its revisions and the
 finalisation of Basel III
 • Capital – quality, quantity and transparency
 • Capital conservation buffer, countercyclical
 capital buffer, systemically important banks,
 systemic risk buffer
 • Leverage ratio
 • Liquidity – quantitative standards, monitor-
 ing tools, management principles
 • Pillar 1 requirements – credit risk,
 operational risk, market risk
 • Pillar 2: introduction to the supervisory
 review and evaluation process (SREP)
 • ICAAP and ILAAP – German and European
 implementation
 • Internal governance aspects
 • Current regulatory developments

 Target group
 This course is aimed at bank inspectors and em-
 ployees working in the banking supervision unit
 of their central bank or supervisory authority. A
 basic knowledge of the new regulations under
 Basel II and III is essential for productive partici-
 pation. Participants should also be familiar with
 the supervisory policies and practices applied at
 their institution and be prepared to actively con-
 tribute to discussions.

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Recovery and resolution with a focus
on credit institutions
In cooperation with the Federal Financial Supervisory
Authority (BaFin)
 Contents
 • Implementation of recovery plans: elements
 and assessment of recovery plans
 • Lessons and current challenges in recovery
 planning from the point of view of super-
 visory authorities and banks
 • Resolution objectives, strategies and tools
 • Experience in resolution planning
 • Total loss absorbing capacity (TLAC) and
 Minimum Requirement for Own Funds and
 Eligible Liabilities (MREL)
 • Experiences with failing banks

 Target group
 This panel is aimed at experts from the super-
 visory, resolution or financial stability areas of
 their respective central bank or supervisory
 authority. Participants should be familiar with
 the current international debate on resolution
 policies and frameworks, or with the legislation
 adopted or under consideration in their own
 jurisdiction. Active participation is an essential
 part of the course. Partici-pants will be expected
 to make an active contribution to the discus-
 sions and will be invited to pre-sent and discuss
 current issues on recovery and resolution in
 their jurisdiction.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Gold reserves – historical angles and
inventory management
 Target group
 This online course is aimed at those working in
 central banks who are interested in the history
 of gold as part of the monetary system and its
 continuing importance up to the present day. It
 will be of use to central bankers involved in the
 inventory management of reserves or super-
 vising the relevant procedures.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Macroprudential surveillance
 Contents
 • Financial stability analysis and macropruden-
 tial surveillance in normal times
 • Recent experiences: monitoring of financial
 sector developments during an economic
 crisis
 • The system-wide perspective: analytical
 approaches and institutional experiences to
 obtain an overall assessment of financial
 stability
 • External communication of financial stability
 issues: approaches and communication
 channels

 Target group
 This course is aimed at central bank officials
 working in the area of financial stability. Partici-
 pants should have a sound understanding of
 the surveillance and analysis of systemic risk and
 macroprudential policy.

 The expert panel is designed to provide central
 bankers with a platform to share their experi-
 ence and knowledge. Active participation is an
 essential part of the course. Participants will be
 expected to make an active contribution to the
 discussions and will be invited to present and
 discuss current issues on macroprudential
 surveillance in their jurisdiction.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Involvement of the central bank in
the cash cycle – external cash recycling
 Target group
 This online course is aimed at central bank em-
 ployees involved in looking after the national
 cash cycle in their homeland or who would like
 to gain an insight into how the Bundesbank has
 organised its monitoring activities.

 The online course will also be of particular inter-
 est for experts in cash analysis or their superiors.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Operational risk management,
continuity management and crisis
management
 Target group
 Managers and experts in ORM, BCP and CM.
 Participants will be expected to make an active
 contribution to discussions, drawing on their
 own experiences.

 The expert panel will serve as a platform for the
 exchange of experiences and knowledge. Partici-
 pants will be asked to actively contribute to the
 panel by, for example, giving a presentation.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Developing financial markets
 This course focuses on key issues of building a
 monetary and bond market based on a national
 currency. Topics include the general framework
 for the bond market (e.g. issuing calendars,
 auction processes, settlement procedures). The
 course also provides participants with a plat-
 form to reflect upon and discuss similarities with
 their own countries. The seminar will be present
 as a mix of lectures, case study exercises, group
 discussions and participant presentations.

 The online-course will provide an overview of
 the various aspects that played a key role in the
 development of the German financial market.
 Participants will be expected to make an active
 contribution to discussions, and will be invited
 to present and discuss their own topics or cases.
 Therefore, participants should be familiar with
 the financial consumer policy frameworks in
 their jurisdictions.

 Contents
 • Historical and current developments to
 strengthen the financial market
 (eg. standardisation of bonds, central com-
 mittee for capital markets,
 temporary capital market restrictions)
 • Legal framework of the bond market
 • Market surveillance and market restrictions
 • Development and application of financial
 support measures

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Target group Technical requirements
The course is aimed at mid-level central bankers Computer with microphone, camera, speakers
who are active in the area of financial market or headphones; an up-to-date internet browser.
development and would like to gain an over-
view and a deeper understanding of strategic
and operational approaches to developing
financial markets. Applicants should have at
least two years of practical experience in the
field of financial market development and a
sound grasp of the key con-cepts and knowl-
edge of the fundamentals of financial market
structures and operations. Partici-pants are
expected to make an active contribution to the
course and to share their knowledge and expe-
rience with their peers. Participants should have
stable internet access and appropriate camera
equipment.

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Internal communication
at the Bundesbank
 Contents
 • Top-down / bottom-up communication
 • Horizontal communication
 • Internal media (Staff magazine;
 social intranet; electronic newsletter)
 • Board, executive and employee communication
 • Employee attitude survey

 Target group
 The course is designed for central bank staff
 with a special interest in internal communica-
 tion. Candidates are expected to have practical
 work experience in the area of central bank
 communication, particularly internal communi-
 cation within their institutions. Participants
 should be willing to share their experiences and
 are expected to actively contribute to the dis-
 cussion.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Economic education –
the role of central banks
 Contents
 • Economic education: concepts, goals and
 target groups
 • Why do central banks support economic
 education?
 • Economic educational activities offered by
 the Bundesbank
 • Economic education programmes that work
 – experience from different providers

 Target group
 The expert panel is aimed at central bankers as
 well as regulators and supervisors with expertise
 in the area of economic education. Candidates
 should be well versed in their own institution’s
 approach to economic education, and will be
 expected to make an active contribution to dis-
 cussions. Participants will be invited to give a
 presentation relating to their field of expertise/
 their institution’s experience in this area.

 In this context, it would also aid discussion if
 participants could address whether or not a
 central bank should focus its efforts on promot-
 ing financial literacy and, if so, on what legal
 basis.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Public procurement
 Target group
 The expert panel is aimed at central bank staff
 from developing countries or emerging market
 economies with a leadership role in organisa-
 tion, controlling or procurement at their institu-
 tion. Participants should have prior knowledge
 of central bank contract management.

 The expert panel will serve as a platform for the
 exchange of experiences and knowledge. Partic-
 ipants will be expected to make an active con-
 tribution to the panel by, for example, giving a
 presentation.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Payment and
securities settlement systems
 Contents
 • Role of the Bundesbank in payment and
 settlement systems
 • Payment system analysis
 • Retail payments: current developments,
 innovations and secure retail payments
 • TARGET2: Individual payment services at the
 Bundesbank
 • TARGET2-Securities (T2S)
 • Collateral management system
 • Oversight of payment systems and instruments
 • Workshops on T2S, innovations and oversight

 Target group
 The course is designed for mid-level and senior
 employees of central banks. A solid background
 in payment clearing and settlement issues is
 essential for constructive and productive partici-
 pation in the course. Participants should be
 familiar with the payment system policy and
 practices applied in their home country. Addi-
 tionally, they will be invited to take an active
 part in the discussions and case studies, cover-
 ing topics like T2S, oversight and innovations.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Financial stability – systemic risk,
macroprudential policy and
stability analysis
 tem as well as any feedback effects arising in
 the financial system due to macroeconomic
 developments. In addition, the Bundesbank
 investigates the (potential) effects of macro-
 prudential instruments so as to calibrate these
 ex ante and evaluate the effectiveness of enacted
 macroprudential policy steps ex post.

 The course aims to shed light on the Deutsche
 Bundesbank’s role in the macroprudential policy
 cycle and its approach to financial stability anal-
 ysis. Participants will gain a thorough under-
 standing of financial stability, systemic risk and
 macroprudential policy. Where possible, the
 course will include both theoretical and practi-
 cal components.

 Contents
 • Risk analyses and current risks in Germany
 • Macroprudential stress testing of investment
 funds
 • Macroprudential surveillance of systemically
 important institutions
 • Early warning models and macroprudential
 surveillance of cyclical systemic risk
 • Climate change and its financial stability
 implications
 • Financial stability risks from real estate
 (mortgage and commercial real estate)
 • Evaluation of macroprudential measures

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Target group Technical requirements
This course is aimed at central bank officials Computer with microphone, camera, speakers
working in the area of financial stability. Partici- or headphones; an up-to-date internet browser.
pants should have a good understanding of the
surveillance and analysis of systemic risk and
macroprudential policy. Input from participants
on current developments in their home coun-
tries is appreciated. The course may also be of
interest to staff working in other central bank
areas related to financial stability, such as bank-
ing supervision, monetary policy or payment
systems.

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Monetary policy implementation –
importance of market intelligence
 Target group
 The expert panel is targeted at mid-level and
 senior-level central bankers who are directly
 involved in monetary policy implementation or
 research, with many years of experience (mini-
 mum five years) in this field. Participants should
 have extensive knowledge and a sound under-
 standing of monetary policy implementation,
 operational frameworks and research. They will
 be expected to contribute actively to the panel
 by presenting the work/viewpoint of their cen-
 tral bank on this topic.

 Technical requirements
 Computer with microphone, camera, speakers
 or headphones; an up-to-date internet browser.

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Deutsche Bundesbank
Centre for International Central Bank Dialogue
Wilhelm-Epstein-Strasse 14
60431 Frankfurt am Main, Germany
E-mail: cic@bundesbank.de
www.bundesbank.de/cic