Integrating Stability Assessments Under The Financial Sector Assessment Program Into Article Iv Surveillance Background Material
Download Integrating Stability Assessments Under The Financial Sector Assessment Program Into Article Iv Surveillance Background Material PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Integrating Stability Assessments Under The Financial Sector Assessment Program Into Article Iv Surveillance Background Material book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages.
Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance-Background Material
Author: International Monetary Fund. Monetary and Capital Markets Department
language: en
Publisher: International Monetary Fund
Release Date: 2010-08-31
This paper presents the staff analysis underpinning two central elements of the proposal to make financial stability assessments under the FSAP mandatory for members with systemically important financial sectors: the definition of systemic importance used in the paper and the methodology for identifying members with systemically important financial sectors (Section II); and the review of the literature and industry practices that form the basis for the staff proposal to conduct these mandatory financial stability assessments at a frequency of about three years (Section III).
Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance
Author: International Monetary Fund. Monetary and Capital Markets Department
language: en
Publisher: International Monetary Fund
Release Date: 2010-08-27
Integration of financial sector issues into bilateral surveillance has been a long-standing challenge. Financial stability is a key component of the domestic and external stability of members and is important for the promotion of the “stable system of exchange rates” envisaged under Article IV. But although financial sector issues and policies are at the core of the Fund’s surveillance mandate, their effective integration has been a challenge. To address this challenge, it is proposed to adopt a more risk-based approach to financial sector surveillance by making FSAP stability assessments part of Article IV surveillance for members with systemically important financial sectors.
Integrating Stability Assessments Under the Financial Sector Assessment Program Into Article IV Surveillance-Background Material
This paper presents the staff analysis underpinning two central elements of the proposal to make financial stability assessments under the FSAP mandatory for members with systemically important financial sectors: the definition of systemic importance used in the paper and the methodology for identifying members with systemically important financial sectors (Section II); and the review of the literature and industry practices that form the basis for the staff proposal to conduct these mandatory financial stability assessments at a frequency of about three years (Section III).