Monetary Policy Making and Financial Markets
We address monetary policy instruments for supporting effective monetary transmission mechanisms and ensuring financial market liquidity. We discuss monetary policy implementation procedures, especially in the context of the Eurosystem framework. In addition, our attention goes to financial market infrastructures as supporting elements for development of financial markets. We address payment and settlement systems and their compliance with the latest guidelines and standards to support efficient and safe financial intermediation. Having in mind rapid technological advancements and new emerging actors in financial markets, we focus on financial technologies (fintech, big tech), crypto assets, and (central bank) digital currencies. We provide opportunities to exchange practices on fostering financial inclusion and access to finance.
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2025 Highlights
In 2025, we will focus on the transition to a sustainable, low-carbon economy while maintaining financial stability. This includes exploring best practices shared by regional central banks, developing green capital markets, and creating a supportive regulatory environment to promote sustainable finance.
A key area of focus will be on central bank asset management, specifically exploring how sustainable and responsible investment practices are integrated into their portfolios and strengthening risk management frameworks to address climate-related financial risks.
Additionally, we will host webinars on financial markets and infrastructure, addressing the latest developments in these areas. The specific topics for each webinar will be identified in collaboration with beneficiary and partner institutions.