Effective Supervision Program (CFS Level 2)

Certified Financial Supervisor (CFS) Level 2: Effective Supervision Program

Open for registration. Contact Us for more info.
Online, Zoom
Apr 07th - Apr 11th, 2025
09:00AM - 05:00PM

(Timezone: EST)

Eastern Standard Time UTC - 5

Demet Çanakçı

Senior Program Director

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Program Description

More intense and effective supervision remains a core element on the supervisory and regulatory agenda. It allows supervisory authorities to promote best practices, and identify and address risks before they become serious problems at financial institutions. Keeping financial institutions safe and sound hinges on good supervision. The bank failures of March 2023 showed that there was room for improvement in supervisory practices in many areas.

This virtual, five-half day, cross-sectoral program examines risk monitoring, stress testing, and business model analysis. It also focuses on supervisory approaches, techniques, tools, and (use of) corrective and sanctioning powers, and the need to address unclear mandates, inadequate powers, and lack of independence and resources. The work ahead on more effective supervision will focus on drivers of supervisory empowerment and the measurement of supervisory effectiveness.

For further information, please email Priscilla Mensah, Program Coordinator: [email protected]

Program Agenda

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The program agenda can be viewed in the attachment.

This course will be taught by Toronto Centre program leaders who have a wealth of highly relevant experience to share with participants in order to help them carry out their work in line with international best practices and to address challenges that they may encounter in their supervisory and regulatory work. 

More details on the presenters will be provided at a later date. Please access more information about the CFS designation here.

QUIZZES AND EXAMS

Quizzes and an examination will be administered during the program. Daily multiple-choice quizzes test theoretical knowledge, while a final exam tests practical applications of the program content. Participants must pass the quiz and final exam in order to proceed along the CFS journey. 

PROGRAM FEE

Participants from ODA* Countries

Regular fee: US$1,300

Early bird fee: Early bird fee: US$925 (available until February 21, 2025)

Participants from Non-ODA Countries

Program fee: US$1,600

No early bird discount is available

*Please refer to the Official Development Assistance (ODA) recipients list here.

REQUIRED PRE-READING

Pre-reading will be required. Materials will be sent out to registered participants at least two weeks before the program starts.

REGISTRATION

Registration for this program is now open.

ICEBREAKER SESSION

Participants will be required to join an introductory icebreaker session on Thursday, April 3, 2025.

Who Should Attend

  • Middle/senior-level supervisors and regulators with responsibilities in supervision of the banking, securities, insurance, or pensions sectors or managing financial stability and financial surveillance
  • Central bankers involved in monetary policy and operations
  • Staff of deposit insurance corporations and Ministry officials responsible for financial stability

This is a mandatory Level 2 program for the Certified Financial Supervisor (CFS) designation. The program is also open to individuals not wishing to pursue the designation.

Participants should have at least three years of working experience in supervision, analysis or policy, and be proficient in English.

Topics Covered
  • Mandates/resources/independence/ability to act  
  • Increased understanding of business models
  • Stress testing
  • National and cross border cooperation
  • Development and governance of supervisory process
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