This Course will further refine the initiatives in the 4th Intermediate Course to focus on risk and efficiency aspects of payment and settlement systems. It will continue to use class exercises, case studies and role play to impart knowledge in three main areas: identifying and profiling of risks in major payment and settlement systems; communicating international best practices in managing risks and increasing efficiency; and introducing the concepts and operations of oversight functions of central banks.

Objectives: At the end of the Course, participants will be able to: (i) explain central banks’ objectives in enhancing safety and promoting efficiency in the payment and settlement systems; (ii) identify major risks in core payment and settlement systems using specific country examples; and (iii) explain risk management measures based on recognised international standards and best practices and in the context of oversight role of central banks.

Resource Speakers: The faculty of resource speakers will comprise experts from SEACEN member banks, advanced central banks and international standard setting bodies.

Target Group: Mid-level officers or technical staff, with at least 2 years working experience in payment and settlement operations, policy, oversight, risk profiling and management, or IT supervision. Participants should have basic knowledge of payment and settlement concepts and operations.