Regional Seminar on Financial Stability organized by NBR and IMF, Sinaia, Romania, 13-14 October 2011

Central Bank Macroprudential Policies


Central Bank Macroprudential Policies Regional Seminar on Financial Stability jointly organized by NBR and IMF, Sinaia, Romania, October 13-14, 2011 Agenda

Opening Remarks

  • Cristian Popa, National Bank of Romania
  • Joseph Crowley, International Monetary Fund

SESSION 1 - Macroprudential Supervision

  • Macroprudential Supervision: A New or Old Mandate for Central Banks?

    Key speaker: Mauro Grande, European Central Bank

  • Discussions / Country presentations

    Challenges in Implementing a Macroprudential Mandate in Austria, Michaela Posch, Oesterreichische Nationalbank

    Macroprudential Framework in Turkey, Onur Yildirim, Central Bank of the Republic of Turkey

    The Macroprudential Mandate of the National Bank of Romania, Andra Pineta, National Bank of Romania


SESSION 2 - Macroprudential Supervision

  • Discussions / Country presentations

    Prudential Regulation in Turkey, H. Yeşim Aydin, Banking Regulation and Supervisory Agency

    Macroprudential Analysis at the National Bank of the Republic of Belarus, Kirill Demidov, National Bank of the Republic of Belarus

    Maturity Mismatch in FX Position in the Hungarian Banking System – Mitigation Possibilities, Dóra Siklós, Magyar Nemzeti Bank


SESSION 3 - Macroprudential Policies

  • Towards Operationalizing Macroprudential Policies: When to Act?

    Key speaker: Christian Schmieder, International Monetary Fund

  • Discussions / Country presentations

    Capital Flights and Central Bank Macroprudential Instruments, Florian Neagu, Irina Mihai, National Bank of Romania

    Current Approach and New Techniques Used for Macroprudential Analysis of the Banking Sector, Virgil Dăscălescu, Gabriel Gaiduchevici, National Bank of Romania


SESSION 4 - Macroprudential Policies

  • Choosing Macroprudential Policies: Models, Instruments and Preliminary Empirical Findings, Joseph Crowley, Heiko Hesse, International Monetary Fund

  • Discussions / Country presentations

    Macroprudential Measures to the Banking System at the Time of Crisis: The Case of Macedonia, Viktorija Gligorova, National Bank of the Republic of Macedonia

    Monitoring Access to Finance of the Corporate Sector, Florian Neagu, Adrian Costeiu, Alina Tarţa, National Bank of Romania

    Developing Macroprudential Frameworks and Tools in Ukraine, Rufat Farukhsyn, National Bank of Ukraine

    Assisting Macroprudential Analysis with Financial Soundness Indicators at the National Bank of Romania, Florin Bălăuţă, National Bank of Romania

    The NBR's Macroprudential Toolkit, Horaţiu Lovin, National Bank of Romania


Closing Remarks

  • Joseph Crowley, International Monetary Fund
  • Cristian Popa, National Bank of Romania

The presentations can be viewed here: Central Bank Macroprudential Policies