IMF Staff Country Reports

Somalia: Technical Assistance Report-Bank Supervision and Regulation

March 31, 2021

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Somalia: Technical Assistance Report-Bank Supervision and Regulation, (USA: International Monetary Fund, 2021) accessed December 26, 2024

Summary

The purpose of the missions of Phase I was to develop a functional central bank, including establishing a modern banking supervisory regime. Especially, MCM provided TA missions under the Phase I that have focused on operationalizing banking license capacity, development of on and offsite supervisory capability, and other relevant areas.

Subject: Bank licensing, Bank regulation, Commercial banks, Financial institutions, Financial regulation and supervision, Financial services, International organization, Islamic banking, Mobile banking, Monetary policy, Technology

Keywords: Audit report, Bank licensing, Bank ownership, Bank regulation, Bank's governance, Banks in Somalia, CBS directive, CBS management, Commercial banks, Islamic banking, Mobile banking, Risk rating system, Somali bank

Publication Details

  • Pages:

    27

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2021/068

  • Stock No:

    1SOMEA2021001

  • ISBN:

    9781513575834

  • ISSN:

    1934-7685