› › Italy Financial Sector Assessment Program Detailed Assessment Of Observance Of The Imf Code Of Good Practices On Transparency In Monetary And Financial Policies Banking Supervision

Germany

Author : International Monetary Fund. Monetary and Capital Markets Department

Publisher : International Monetary Fund

Page : 118 pages

File Size : 27,37 MB

Release : 2016-06-29

Category : Business & Economics

ISBN : 1475577737

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Book Description

This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implementation of the common European framework insofar as it is relevant for Germany. The country is home to two global systemically important financial institutions, Deutsche Bank AG and Allianz SE. The system is also very heterogeneous, with a range of business models and a large number of smaller banks and insurers. The regulatory landscape has changed profoundly with strengthened solvency and liquidity regulations for banks (the EU Capital Requirements Regulation and Directive IV), and the introduction of macroprudential tools.



Denmark

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 46 pages

File Size : 15,68 MB

Release : 2007-03-23

Category : Business & Economics

ISBN : 1452750874

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Book Description

This technical note describes the stress testing exercises carried out for the Danish commercial banking system and the insurance sector. The tests were conducted as part of the Financial Sector Assessment Program for Denmark and were developed in collaboration with the Danish Financial Supervisory Agency (DFSA) and Danmarks Nationalbank (DNB). Two approaches—bottom-up and top-down—were employed in the analysis. Results of the stress test show that under changing macroeconomic conditions, credit risk could materialize, causing a substantial deterioration in banks’ results.



Financial Sector Assessment

Author : World Bank

Publisher : World Bank Publications

Page : 494 pages

File Size : 33,64 MB

Release : 2005-09-29

Category : Business & Economics

ISBN : 9780821364321

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Book Description

In the wake of the financial crises of the late 1990s, there was a surge of interest in the systematic assessment of financial sectors, with a view to identifying vulnerabilities and evaluating the sector's developmental needs. Consequently, there has been an increased demand from financial sector authorities in many countries for information on key issues and sound practices in the assessment of financial systems and the appropriate design of policy responses. In response, Financial Sector Assessmsnet presents a general analytical framework and broad guidance on approaches, methodologies and key techniques for assessing the stability and development needs of financial systems. It synthesizes current global sound practices in financial sector assessment.



Barbados

Author : International Monetary Fund. Monetary and Capital Markets Department

Publisher : International Monetary Fund

Page : 64 pages

File Size : 35,68 MB

Release : 2014-02-12

Category : Business & Economics

ISBN : 1484300408

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Book Description

This paper discusses key findings of the Financial System Stability Assessment Report on Barbados. Barbados has a relatively well-developed financial system, including a large offshore sector. The onshore system is dominated by large, regionally active banks. Banking services to the population are also provided by the credit union sector. With a deteriorating fiscal situation and weak growth prospects, Barbados faces considerable macroeconomic vulnerabilities. Although the financial system does not appear to be a source of immediate risk, its position appears to be deteriorating, with implications for systemic stability.



Manual on Fiscal Transparency (2007)

Author :

Publisher : International Monetary Fund

Page : 162 pages

File Size : 39,29 MB

Release : 2007-10-19

Category : Business & Economics

ISBN :

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Book Description

Provides an authoritative account and explanation of the revised IMF Code of Good Practices on Fiscal Transparency (the Code), used by countries undertaking assessments of the transparency of their fiscal management practices (including so-called fiscal ROSCs), legislatures, civil society organizations, economists, and financial analysts. Supplemented by the revised Guide on Resource Revenue Transparency, it identifies numerous benefits from fiscal transparency, including providing citizens with information to hold governments accountable for their policy choices, informing and improving the quality of economic policy decisions, highlighting potential risks to the fiscal outlook, and easing a country's access to international capital markets.--Publisher's description.



Japan

Author : International Monetary Fund. Monetary and Capital Markets Department

Publisher : International Monetary Fund

Page : 141 pages

File Size : 13,53 MB

Release : 2024-05-13

Category : Business & Economics

ISBN :

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Book Description

This assessment of insurance supervision and regulation in Japan was carried out as part of the 2024 Financial Sector Assessment Program (FSAP). This assessment has been made against the Insurance Core Principles (ICPs) issued by the International Association of Insurance Supervisors (IAIS) in November 2019. The assessment includes the standards of the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame). It is based on the laws, regulations and other supervisory requirements, and practices that were in place at the time of the assessment in September and October 2023.



Japan

Author : International Monetary Fund. Monetary and Capital Markets Department

Publisher : International Monetary Fund

Page : 109 pages

File Size : 18,88 MB

Release : 2017-07-31

Category : Business & Economics

ISBN : 1484313437

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Book Description

This paper assesses the stability of the financial system in Japan. Although the financial system has remained stable, the low profitability environment is creating new risks, and pressures are likely to persist. The search for yield among banks has led some to expand their overseas activities, and more generally to a growth in real estate lending and foreign securities investments. Efforts to increase risk-based lending to small-and medium-sized enterprises are welcome, but many banks still need to develop commensurate credit assessment capacities. Stress tests suggest that the banking sector remains broadly sound, although market risks are increasing, and there are some vulnerabilities among regional banks.



Italy

Author : International Monetary Fund

Publisher : International Monetary Fund

Page : 18 pages

File Size : 34,25 MB

Release : 2006-03-01

Category : Business & Economics

ISBN : 1451819935

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Book Description

This paper discusses a Detailed Assessment of the Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies—Securities Regulation for Italy. The paper discusses that in the area of securities regulation, the objectives and responsibilities of the two supervisory authorities, namely Consob and the Banca d’Italia (BI), and the modalities of cooperation between them, are clearly established in the 1998 Consolidated Law. An area where further clarity may be warranted concerns the practical modalities of exchanging information with other domestic institutions.



Guernsey-Crown Dependency of the United Kingdom: Assessment of the Supervision and Regulation of the Financial Sector Volume II--Detailed Assessment of Observance of Standards and Codes

Author : International Monetary Fund

Publisher : INTERNATIONAL MONETARY FUND

Page : 195 pages

File Size : 39,19 MB

Release : 2003-11-25

Category :

ISBN : 9781451814224

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Book Description

The completion of the detailed assessment serves several purposes. First, it benchmarks the current state of banking supervision, recognizing that there have been extensive changes in the last years. Second, it suggests a number of further improvements or changes. Thus, this report provides a key input for the development of an action plan to move toward full compliance with the Core Principles. The assessment of the effectiveness of banking supervision was based on a review of the legal framework.



Italy: Financial Sector Assessment Program - Detailed Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies - Banking Supervision

Author : International Monetary Fund

Publisher : INTERNATIONAL MONETARY FUND

Page : 24 pages

File Size : 46,87 MB

Release : 2006-03-01

Category :

ISBN : 9781451819922

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Book Description

This paper discusses a Detailed Assessment of the Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies (MFPT Code)-Banking Supervision for Italy. Banca d'Italia (BI) notes the assessment's recognition of the very high degree of compliance of the Italian banking supervisory system with MFPT Code. The assessment highlights positive features as the extensive information on banking supervision made publicly available through the annual report and other modes. BI cooperates with other domestic and foreign financial agencies in day-to-day activities through exchange of information and coordinated action.