High-Level Summary Technical Assistance Reports

Jordan: Developing Supervisory Review and Evaluation Process SRP Framework

By Nehmat H Hantas, Sebastien Clanet

March 15, 2024

Download PDF Order a Print Copy

Preview Citation

Format: Chicago

Nehmat H Hantas, and Sebastien Clanet. Jordan: Developing Supervisory Review and Evaluation Process SRP Framework, (USA: International Monetary Fund, 2024) accessed December 26, 2024

Summary

The International Monetary Fund (IMF)’s Middle East Regional Technical Assistance Center (METAC) is currently assisting the Central Bank of Jordan (CBJ) in enhancing its risk-based supervision through the development of a Supervisory Review and Evaluation SRP framework inspired from European Central Bank (ECB) methodology. The Technical Assistance (TA) mission is part of a multi-step medium-term project. The TA mission aimed to design, in coordination with CBJ, a progressive multi-step roadmap defining the major milestones for a full implementation of SRP. The mission noted that several dimensions should be taken into consideration when implementing the SRP, most notably bridging the data gap by building a fully-fledged supervisory risk database through a dedicated IT project, assessing whether the current organization of the Banking Supervisory Department should be adjusted, and progressively cover all material sources of risks in the SRP.

Subject: Financial regulation and supervision, International organization, Monetary policy, Risk-based supervision

Keywords: Banking Supervision, Capacity development recipient, Central Bank, Evaluation process SRP framework, Milestones, Risk-based Supervision, Roadmap, SRP approach, SRP assessment, Supervisory Review Process, TA mission

Publication Details

  • Pages:

    4

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    High Level Summary Technical Assistance Report No. 2024/010

  • Stock No:

    HLSEA2024010

  • ISBN:

    9798400268908

  • ISSN:

    2959-4103