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Financial Sector Learning Program. Silvina G. Vatnick The World Bank. International Conference on Financing for Development Tuesday, March 15, 2005 Hong Kong. Where We Are. Increasing size… from 10 in FY01 activities to 29 last year trained 2750+ clients and staff last year And scope…
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Financial Sector Learning Program Silvina G. Vatnick The World Bank International Conference on Financing for Development Tuesday, March 15, 2005 Hong Kong
Where We Are • Increasing size… • from 10 in FY01 activities to 29 last year • trained 2750+ clients and staff last year • And scope… • Banking, • Capital Markets, • Policy, • Insurance/ Contractual Savings, • Technology- Fin Infrastructure & Access • Balancing global, regional, and country-focused activities • Strategic Partnerships with international/local organizations • OECD, IOSCO, SEACEN, LSE, the FED, the US SEC, Brookings Institution, BIS, FSI, IAIS, APEC, etc.
Where We Are (Cont.) • Fee Revenues Fund a Third of the Program… • We are moving towards more fee-based activities • We believe fees are a market test for the quality and relevance of our activities • Reaching Clients in New Ways… • Distance Learning for Insurance Supervision • CD-Rom Microfinance course with CGAP • Insurance Core Curriculum for Supervisors • Disseminating Best Practices in Books… • Public Pension Fund Management, • Financial Supervisory Structures • Future of State-Owned Financial Institutions • Corporate Restructuring, etc.
Where we are going… • Re-aligning our strategic priorities • We identified three areas as priority: • Financial Infrastructure • Risk Management • Access to Finance
Where we are going… • Incorporating more county-focused learning activities in our work program • Custom-tailored to the specific needs and circumstances of the country • Build on working groups and communities of practice • In partnership with local business associations, NGOs and the government
Some Country-Focused Activities Iraq: • Training in Financial Sector Supervision Brazil/Colombia/Turkey: • Risk Management Workshop China: • China E-security Workshop • Seminar on Credit Reporting Indonesia: • NBFIs Development Workshop Philippines: • Workshop on Financial Supervisory Structure Vietnam: • Financial Training Seminar in Vietnam
How Can We Better Link Learning with Operations? • Build on working groups, communities of practice—e.g. from Finance Forum • Reach out to country offices, disseminate messages to country directors/economists • Draw policy messages, recommendations from these discussions as inputs for: FS indicators, board papers, development of business groups, operational best practices