Training opportunities

06- 07
Mar
Never Waste A Crisis: Towards A Stable, Inclusive and Accountable Financial Sector

Wednesday, March 6, 2019 to Thursday, March 7, 2019

This course will use a unique mix of expert plenary presentations, interactive discussions and small group exercises (with plenary presentations by small groups) where serious learning is expected to occur through deep REFLECTIVE and FOCUSSED analysis of real life cases. The cases to be used for the course have been specially prepared using public domain material and they cannot be obtained anywhere else. The key cases are: a) IL&FS Case (2018); b) Punjab National Bank Case (2018); c) Cases from the Indian Microfinance Crisis in Andhra Pradesh (2010); d) Cases from the U.S. Subprime crisis; and e) other examples as appropriate,

The course is structured in such a way that there is a strong connect to live financial sector cases. The learning experience will be very unique, practical and intense, and the participants are expected to take away practical knowledge/skills with regard to creating and sustaining a stable and accountable financial sector. They will also be able to spot and tackle crisis situations in an early fashion.

Target Audience: 

This workshop is meant for personnel of banks, development financial institutions, non-banking finance companies, microfinance institutions, audit firms, regulators and supervisors, self-regulatory organizations (SROs), consultants and other stakeholders (such as individual consultants, independent auditors etc.) as appropriate.

Participants can expect to take back:

  • Practical lessons on what factors cause and/or exacerbate financial crisis situations
  • Skills that will enable them to pick up early warning signals on financial crisis situations
  • Spot deviations in corporate governance, governance of risk management, governance of compensation and governance of audit practices that could create financial crisis situations in reality
  • Help identify and manage conflicts of interest at various levels of analysis and among different stakeholders in the financial sector so as to prevent financial crisis situations
  • Evolve practical safeguards to preventing the above factors that can cause financial crisis situations
  • Drive on-course corrections and facilitate solutions (pre-prepared as well as spontaneous) that can help in tackling future as well as on-going crisis financial situations.
  • Last but not the least, create a bouquet of good practices for operationalization of best in class, top notch governance, risk management, compensation and audit systems at various financial institutions, regulatory and supervisory bodies and among other stakeholders (as appropriate).

Facilitators:

  • Key facilitator: Ramesh S Arunachalam (full bio included in the attached Event Information).
  • Other facilitators: Practitioners, experts and stakeholders from the financial services industry and technology and regulatory domains.

Fees:

  • Indian individual participants: INR 40,000 plus 18% GST.
  • Indian institutional participants: INR 50,000 plus 18% GST.
  • Overseas participants: $1000 plus 18% GST.

The above cost includes coffee, tea, biscuits and tea (three times a day), lunch for both days and light snacks at the start of the workshop. The cost does not include accommodation.