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The global financial crisis demonstrated the importance of addressing weaknesses in the ability of banks and regulators to effectively assess and manage risks. In response, FSVC provides targeted technical assistance to train regulators and commercial bankers in the latest risk management techniques. These new approaches to risk management help banks more accurately assess creditworthy businesses and investments, thereby creating jobs in the economy as a whole.
Countries Served:
Types of Activities:
Jordan – Jordan Securities Commission (2009-2010):
Egypt – Egyptian Financial Supervisory Authority (2010):
Countries Served:
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FSVC Risk Management Experience Key Indicators: 1999-2012 |
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| Programs Completed | 321 |
| Number of Countries Served | 24 |
| Individuals Trained | 6,134 |
| Pro Bono Hours Delivered | 38,987 |
Albania, Algeria, Azerbaijan, Bosnia, Croatia, Czech Republic, Egypt, Georgia, India, Indonesia, Iraq, Jordan, Kazakhstan, Kyrgyzstan, Libya, Lithuania, Macedonia, Malawi, Morocco, Philippines, Poland, Romania, Russia, and Ukraine.
Types of Activities:
- Training programs focused on developing procedural frameworks for
risk management;
- Targeted on-site consultations and assessments to strengthen internal policies, procedures and workflows and/or to
provide expert reviews of laws and regulations;
- Conferences, seminars, workshops and roundtable discussions with participants at management and operational
levels within the institutions;
- Targeted workshops that focus on practical operational and supervisory processes;
- Commentaries on every major area of financial legislation and with strong support from U.S. federal regulatory
agencies (such as the U.S. Federal Reserve System and the U.S. Federal Deposit Insurance Corporation) and
leading U.S. and international lawyers;
- Regional conferences focused on international best practices.
risk management;
- Targeted on-site consultations and assessments to strengthen internal policies, procedures and workflows and/or to
provide expert reviews of laws and regulations;
- Conferences, seminars, workshops and roundtable discussions with participants at management and operational
levels within the institutions;
- Targeted workshops that focus on practical operational and supervisory processes;
- Commentaries on every major area of financial legislation and with strong support from U.S. federal regulatory
agencies (such as the U.S. Federal Reserve System and the U.S. Federal Deposit Insurance Corporation) and
leading U.S. and international lawyers;
- Regional conferences focused on international best practices.
Our Accomplishments:
Russia – Association of Regional Banks (2008-Present):
FSVC’s program with the Association of Regional Banks (AsRos) has strengthened the risk management capacities of Russia’s regional banks, better positioning them to serve communities and raise professional standards. Over a series of projects, FSVC organized seminars and consultations focused on credit, operational risk and Enterprise Risk Management (ERM). Volunteers also delivered trainings on credit risk management principles for small and medium-sized enterprise financing, credit scoring and portfolio management for small business loans, as well as held seminars on the use of stress testing and best banking practices in problem loan workout.
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| Participants from the Egyptian Financial Supervisory Authority discuss risk focused supervision and AML detection strategies. |
FSVC Volunteers from the U.S. Securities and Exchange Commission (SEC) trained the staff of the Jordan Securities Commission (JSC)’s Licensing and Inspections Department on criteria for conducting on-site risk-based inspections of brokers. This training followed an earlier project that resulted in the drafting of an inspections manual outlining processes involved in on-site inspections and off-site monitoring of brokerage firms.
Egypt – Egyptian Financial Supervisory Authority (2010):
FSVC assisted the Egyptian Financial Supervisory Authority in training its first group of financial supervisors/regulators to design and deliver a program focused on risk-based supervision, anti-money laundering, and fraud. The program exposed participants to the leading practices in risk focused supervision and detecting money laundering and fraud cases and how to handle them.
