Ireland: Extended Arrangement-Interim Review Under the Emergency Financing Mechanism

February 9, 2011

Preview Citation

Format: Chicago

Ireland: Extended Arrangement-Interim Review Under the Emergency Financing Mechanism, (USA: International Monetary Fund, 2011) accessed November 23, 2024

Summary

The Executive Board approved a three-year Extended Arrangement under the Extended Fund Facility (EFF) for Ireland under the exceptional access policy and Emergency Financing Mechanism (EFM). Political developments have been turbulent. The authorities are moving ahead with a comprehensive strategy to restore confidence in the banking sector. The program objectives for the financial sector, while simple and straightforward, require complex strategies for implementation. Efforts are under way to address data gaps and further strengthen data quality. Robust procedures for program monitoring have been established.

Subject: Asset and liability management, Asset valuation, Banking, Capital adequacy requirements, Commercial banks, Credit, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Money, Stress testing

Keywords: Asset, Asset market, Asset valuation, Bank, Bank capital, Bank data, Capital adequacy requirements, Capital ratio, Commercial banks, CR, Credit, ECB criteria, Government, Ireland, ISCR, Stress testing

Publication Details

Pages:

10
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/047
Stock No:

1IRLEA2011001
ISBN:

9781455217779
ISSN:

1934-7685

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