Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update

Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update
Author :
Publisher : International Monetary Fund
Total Pages : 38
Release :
ISBN-10 : 9781498341066
ISBN-13 : 1498341063
Rating : 4/5 (063 Downloads)

Book Synopsis Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update by : International Monetary Fund. Strategy, Policy, & Review Department

Download or read book Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2013-11-18 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: In September 2010, the Executive Board made financial stability assessments under the Financial Sector Assessment program (FSAP) a regular and mandatory part of bilateral surveillance under Article IV for jurisdictions with systemically important financial sectors. This decision recognized that although financial sector issues were at the core of the Fund’s surveillance mandate, the FSAP as designed in the late 1990s had severe limitations as a tool. Voluntary participation, the low frequency of assessments, and their very broad coverage (particularly in emerging market and developing countries, where assessments are typically conducted jointly with the World Bank) limited the usefulness of the FSAP for surveillance. Building on the revamp of the FSAP during the 2009 program review that delineated the institutional responsibilities of the Fund and the World Bank and defined the content of the stability assessment under the FSAP, the Executive Board took the next step in 2010 to make these stability assessments mandatory every five years for members with systemically important financial sectors


Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update Related Books

Mandatory Financial Stability Assessments Under the Financial Sector Assessment Program - Update
Language: en
Pages: 38
Authors: International Monetary Fund. Strategy, Policy, & Review Department
Categories: Business & Economics
Type: BOOK - Published: 2013-11-18 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

In September 2010, the Executive Board made financial stability assessments under the Financial Sector Assessment program (FSAP) a regular and mandatory part of
Ireland
Language: en
Pages: 66
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2022-07-07 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Ireland has considerably strengthened financial sector regulation and supervision since the 2016 FSAP, aided by the ECB/SSM, and is working with European and in
Canada
Language: en
Pages: 85
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2019-06-24 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This Financial System Stability Assessment paper discusses that Canada has enjoyed favorable macroeconomic outcomes over the past decades, and its vibrant finan
Germany
Language: en
Pages: 118
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2016-06-29 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implement
Spain
Language: en
Pages: 77
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2012-06-08 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This report summarizes the findings of the Financial Sector Assessment Program (FSAP) Update for Spain. Although there is a core of strong banks that are well m