Small Countries Financial Management Programme
The Small Countries Financial Management Centre (SCFMC) was established as a charity in the Isle of Man in June 2009. Its purpose is to contribute to the economic growth and prosperity of small developing countries through capacity building in their government financial sectors.
The SCFMC achieves this through the provision of targeted annual executive education programmes, conducted by practitioners and academics to provide improved skills and a deeper understanding of best practice around financial regulation, risk management, and broader management of government financial activities.
The Small Countries Financial Management Programme (SCFMP) brings together officials from finance ministries, central banks, and regulatory bodies in small developing countries for a two-week executive education programme designed to stimulate fresh approaches to the challenges they and their countries face.
Along with acquiring enhanced knowledge and new ways of approaching their seemingly intractable problems, the participants develop a sense of shared purpose and community of interest. A strong focus on financial integrity, prudent regulation, and economic management is complemented by sessions to improve leadership skills and the capacity to negotiate effectively.
Past participants act as catalysts for change and improvement within their governments, with the benefits accruing to their countries, not simply to the individual officials.
More information is available on the Small Countries Financial Management Programme official website.