When credit markets freeze, most institutions discover too late that liquidity — not profitability — is what keeps the doors open. The facilities and guarantee programs that regulators rolled out during past global crises weren't improvised; they followed a logic that liquidity managers can still learn from today.

This training course from the Arab British Fellowship Training Academy examines that emergency toolkit — from asset-backed and securities financing facilities to liquidity guarantee programs — and connects the lessons learned to the liquidity risk frameworks institutions rely on now, set against the wider backdrop of international economic relations.

Who should attend?

• Central banks, commercial banks, and investment banks
• Insurance companies and housing associations
• Multilateral and multinational financial institutions
• Brokering firms, stock exchanges, and investment funds
• Accounting, consulting, and law firms, and rating agencies

What you'll be able to do

• Explain the financing and guarantee facilities used by central banks and deposit insurers during liquidity crises
• Apply the international framework for identifying, monitoring and controlling liquidity risk
• Draw practical lessons from past global economic crises and the financial improvements that followed
• Place liquidity management within the broader context of international economic relations and the position of developing economies within it

Module 1: What Global Banking Crises Actually Teach Us

• Lessons in risk management drawn from past global banking crises.
• The IFC report on improvements in the financial services industry.

Module 2: Emergency Financing Facilities for Distressed Markets

• The commercially supported asset fund facility.
• The commercial securities financing facility.
• The capital market investor financing facility.

Module 3: Guarantee Programs That Kept Credit Flowing

• The facility for assets supported by loan guarantees.
• The facility for loans backed by securities as guarantee.
• The temporary liquidity guarantee program.

Module 4: Protecting Cash-Market Investors

• The temporary program to guarantee cash-market investment funds.

Module 5: Building a Liquidity Risk Framework That Doesn't Fail Next Time

• The international framework for identifying, monitoring and controlling liquidity risk.

Module 6: The Bigger Picture — International Economic Relations

• The definition and importance of international economic relations.
• The major requirements for the success of international economic relations, and the factors that affect them.