Revised Approach to Financial Regulation and Supervision Standards Assessments in FSAP Updates

August 28, 2009

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Revised Approach to Financial Regulation and Supervision Standards Assessments in FSAP Updates, (USA: International Monetary Fund, 0) accessed December 22, 2024

Summary

The Financial Sector Assessment Program (FSAP) is a central instrument for the Fund and Bank to promote financial sector soundness in member countries. The FSAP uses quantitative analysis and qualitative tools to help identify the risks and vulnerabilities of a country’s financial system, ascertain the sector’s developmental needs, and prioritize policy responses. Detailed assessments of the observance of relevant financial sector standards and codes, and the associated Reports on Observance of Standards and Codes (ROSCs) have been an important component of the FSAP.

Subject: Bank regulations, Bank supervision, Collaboration with World Bank, Financial sector, Financial Sector Assessment Program, Fiscal policy, Monetary policy, Reports on the Observance of Standards and Codes

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