Financial Stability and Stress Testing (CEF, Slovenia)

As a lecturer within the Financial Stability and Stress Testing course organized by the Center of Excellence in Finance, I created and delivered both theoretical and applied lessons on the subjects of stress testing, financial stability and macroprudential risk management. I also developed an applied case study in which participants stress tested the banking sector of a fictitious country to determine the impact of macroeconomic shocks on key solvency metrics.

The learning event addressed systemic risks and how to identify vulnerabilities in the banking sector and discussed top-down stress testing, following the latest guidelines, and present methodologies through practical examples.

Participants received a comprehensive overview of systemic risk and financial stability, how policies for crisis management and prevention are designed within the global financial stability framework. The lessons delved deeper into top-down stress testing, dynamic models and discussed the latest practices and experiences of participants from different countries.

Learn more about the event here: https://www.cef-see.org/21-cb-07

Stay tuned for future iterations! https://www.cef-see.org/events

Economic Analysis and Forecasting with Micro-Data (CEF, Slovenia)

Within this course, dedicated to assessing the impact of policy actions using microdata, I presented an overview of the usage of micro-data within Central Banks, delved deeper into the practical examples of micro-data aggregation for policy analysis (using comprehensive databases such as the Credit Risk Registry) and presented a case-study of how micro-data can be used to construct borrower-based indicators such as the LTV and DSTI - two of the most recent additions to the macro-prudential policy toolkit.

The course also contained a workshop which enabled participants to learn more about building and estimating economic models based on microdata, how to manage large datasets and how to link microdata analysis with macroeconomic concepts and forecasting. countries. Furthermore, other institutions such as the Bank of Slovenia also presented case-studies of how micro-data is used within their jurisdictions in the field of loan-growth analysis, as well as a study of the characteristics of firms that asked for a moratorium on the repayment of loans in response to the Covid-19 pandemic.

Learn more about the event here: https://www.cef-see.org/21-dap05

Stay tuned for future iterations! https://www.cef-see.org/events

Macroprudential Surveillance (Deutsche Bundesbank, Germany)

I took part in an expert panel for Central Bankers organized by the Deutsche Bundesbank in the field of macroprudential surveillance where I presented the financial stability monitoring framework, discussed key financial risk indicators and proposed novel data visualization and aggregation methods.

The international expert panel reunited participants from 12 countries and focused on current subjects in the field of macroprudential surveillance such as: the monitoring frameworks of Germany and other countries, the way in which financial stability and macroprudential policies are conducted in normal times and crisis periods, the importance of tracking financial sector developments to detect crisis events, as well as the system-wide perspective in terms of analytical approaches and institutional experiences in assessing the overall financial stability of a country.

Key subjects covered:

• Financial stability

• Macroprudential regulation and supervision

• Monitoring and crisis prevention

• Financial risk indicators

Macroprudential framework (Bank of England, UK)

I was invited to take part in an event organized by the Bank of England's Centre for Central Bank Studies which approached the subject of building and consolidating the macroprudential framework. I presented an overview of how a macroprudential framework can be constructed, its key elements and how prudential surveillance can be performed such as to obtain early warning signals ahead of potential crises.

The international event reunited regulators from all over the globe and provided a platform for the exchange of knowledge, experience and ideas. The Bank of England presented its latest research and analyses on the impact of the Covid pandemic, systemic risk and housing-related macroprudential policies. Attendees were able to interact, ask questions and get practical examples of policy implementation from the speakers.

Key subjects covered:

• The UK, EU and international macroprudential framework

• Systemic risk and contagion

• Crisis monitoring and Early Warning Indicators

• Macroprudential policy and instruments

Global Money Week (National Bank of Moldova, Moldova)

In a televised event aimed at disseminating knowledge to the wider public about money, the financial system and financial regulatory bodies, I represented the National Bank and introduced participants into how the financial system functions, who are its key actors and what the role of Central Banks is in ensuring financial and price stability. The presentation focused on both bank and non-bank financial institutions and was accompanied by an interactive quiz in which participants from several leading universities competed. The event was organized as part of the Global Money Week initiative, in which over 175 countries took part since 2012.

Key subjects covered:

• The financial system and its key actors

• How money circulates, the importance of credit, savings and deposits

• The role of regulatory bodies such as the Central Bank

• Watching out for crises and taking preventive measures in a timely manner

Watch the event here: Privesc.eu [Presentation in Romanian at time: 21 Minutes after start]