Designing and Operating Financial Safety Nets

The **Financial Safety Net** is the comprehensive set of policies, institutions, and tools designed to maintain financial stability and manage crises, typically comprising the central bank (Lender of Last Resort), the Deposit Insurer, and the Resolution Authority. This advanced course provides a holistic, integrated view of the safety net, analyzing the mandates, governance, and critical interactions between its components. Participants will explore the design of effective crisis management frameworks, assess the legal authority for intervention, and understand the policy challenges related to information sharing, decision-making coordination, and mitigating systemic risk across the entire network of institutions.