Operational Banking Models And Legal Framework

The key objective of this training course is to empower professionals to—

• Develop an in-depth understanding of international central banking models and legal framework
• Enhance the operations of one’s organisation to help build stronger sustenance for supporting global operations and transactions
• Define and review the monetary policy to check if one’s organisation is in adherence and is updated with industrial standards
• Apply and invest in different models of operations to ensure maximum benefit in terms of economic growth
• Mentor other professionals on critical aspects surrounding international central banking
• Make the best use of technology and other tools to optimise operations and data recording and maintenance for faster, smarter resolution
• Be aware and apply necessary laws and regulations to safeguard organisational interests
• Predict and address all possible risks that could stem from international associations and operations, functioning within the legal and regulatory limits of concerned nations
• Assume greater responsibilities in overseeing critical processes and operations for one’s organisation to support economic growth, thus securing one’s future in terms of opportunities for career progression
• Take pride in supporting one’s organisation and nation in achieving economic success

Content

Components of a Financial System

• Money
• Banking and financial institutions
• Financial instruments
• Financial markets
• Central banks

Pillars of Central Banking

• Price stability
• Stable banking system
• Safe and reliable payments system

Functions of a Central Bank

• Implementing monetary policies
• Setting the official interest rate
• Controlling money supply
• Lender of last resort
• Managing foreign exchange and gold reserves
• Regulating and supervising the banking industry

Principles Behind Central Bank Co-operation Activities

• Global monetary and financial stability
• Relationship building
• Openness and respect
• Efficiency
• Sustainability
• Evaluation

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.