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Key details

Mode of delivery: Classroom-based

Course code: AFB55B

Duration: 5 days

Fee: £4,645.00 + VAT

CPD Hours: 30

Course Overview

The Future of Central Banks is an advanced training programme designed for professionals working within central banks who are ready to explore how emerging technologies, sustainability pressures, and shifting mandates are transforming the future of central banking. This course builds on a foundational understanding of central bank functions and challenges participants to think systemically and strategically about what lies ahead. Over four intensive days, participants will examine how central banks are adapting their mandates to include climate risk, digital resilience, and broader financial system transformation. They will explore how tools like strategic foresight and scenario planning can help institutions navigate long-term uncertainty and geopolitical shifts, while preserving public trust and institutional independence. The programme takes a deep dive into the future of money, with dedicated sessions on CBDCs, cryptoassets, and decentralised finance, supported by real-world examples from BIS Innovation Hub projects. Participants will assess the implications of platform-based financial systems and digital currencies on regulatory frameworks, cross-border interoperability, and monetary sovereignty. Through case studies and practical discussions, the course also addresses how central banks are modernising their internal operations, adopting artificial intelligence, managing cyber and AML risks in digital environments, and investing in future-fit capabilities and talent strategies. Finally, participants will explore how climate risk and sustainability are reshaping both supervision and monetary operations. They will examine how ESG priorities are being integrated into central bank frameworks and how technologies like blockchain and green data platforms are enabling sustainable finance innovation. By the end of the programme, participants will be equipped with the strategic insight, foresight tools, and policy awareness needed to contribute to a central bank that is not only resilient—but future-ready.

Agenda

Day – 1 Adapting Mandates and Strategy in a Transforming World

Redefining Central Bank Mandates: Climate, Digital, and Social Dimensions
Strategic Foresight and Scenario Planning in Central Banking
Navigating Geopolitical and Systemic Uncertainty

Day – 2 The Future of Money and Monetary Infrastructure

Central Bank Digital Currencies (CBDCs): Design, Pilots, and Global Trends
Cryptoassets, DeFi, and Monetary Sovereignty Challenges
Cross-Border Payments, Interoperability, and BIS Innovation Hub Use Cases

Day – 3 Governance, Digital Risk, and Institutional Innovation

AI, Automation, and the Digitalisation of Central Bank Operations
Cybersecurity, AML/CFT, and Operational Resilience in a Digital Era
Talent Strategy and Capability Building for Future-Ready Institutions

Day – 4 Climate Risk, ESG Integration, and Sustainable Finance

Climate Risk and Monetary Policy Operations: Emerging Approaches
ESG Integration in Central Bank Supervision and Reporting Frameworks
Green Digital Finance: Blockchain, Data Platforms, and Innovation Ecosystems

Day – 5 Course Review

Summary and recap of key learning objectives
Action Planning

Post-Course

Three (3) x hour-long Executive Coaching sessions at monthly intervals following Course Completion

Target Audience

This course is suitable for:

Central bank officials and policy advisors
Financial sector regulators and supervisors
Senior staff from ministries of finance and treasury departments
Risk management professionals in public financial institution
Economists and analysts specializing in monetary and financial stability.
Members of financial stability and macroprudential policy unit
Internal auditors and compliance officers in regulatory bodie
Professionals involved in crisis management and contingency planning.
FinTech and SupTech specialists in regulatory innovation unit
Governance, ethics, and transparency officers in public institution
Researchers and academics in finance, economics, and public policy.
Development partners and advisors supporting financial sector reform.

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

Understand how central bank mandates are evolving in response to sustainability, digitalisation, and societal expectations.
Apply foresight tools and scenario analysis to enhance long-term strategic planning under conditions of uncertainty.
Evaluate the implications of geopolitical trends and systemic risks on financial stability and central bank strategy.
Assess global CBDC developments and understand design trade-offs, implementation strategies, and regulatory considerations.
Analyse the risks and policy implications of decentralised finance and cryptoassets for central banks and monetary control.
Explore cross-border payment innovations, interoperability models, and insights from BIS and other international pilots.
Examine how AI and automation are reshaping internal processes and decision-making within central banks.
Strengthen knowledge of digital risk management, including cyber threats, AML/CFT compliance, and resilience frameworks.
Design strategies to build institutional capabilities, attract digital talent, and future-proof central bank workforces.
Evaluate how climate-related risks are being incorporated into monetary operations and central bank balance sheets.
Understand approaches for integrating ESG considerations into supervision, disclosures, and risk assessments.
Assess how green fintech and digital platforms are enabling sustainable finance and central bank innovation.