A recently launched Strengthening the Financial Sector Program financed by the Swiss State Secretariat for Economic Affairs (SECO) supports the NBT in implementing key recommendations of the 2015
Financial Sector Assessment Program (FSAP), in efforts to strengthen financial sector soundness, minimize fiscal risks, promote investment, foster private-sector growth, and ensure financial inclusion.
Strengthening efforts to enhance the special resolution regime and consolidated supervision of financial conglomeratesas recommended by the recent IMF
Financial Sector Assessment Program (FSAP)are also critical.
The
Financial Sector Assessment Program (FSAP) is a joint initiative of the International Monetary Fund (IMF) and the World Bank (WB).
The board also reviewed the recommendations included in the report of the International Monetary Fund and the World Bank mission on the
Financial Sector Assessment Program (FSAP) and directed the CBO's executive management to follow up the implementation of the recommendations as far as possible.
The Board also reviewed the recommendation included in the report of the International Monetary Fund and World Bank mission on the
Financial Sector Assessment program (FSAP) and directed CBO executive management to follow up the implementation of the recommendations as far as possible in line with the economic and financial situation of the Sultanate.
The report reviews all the relevant global banking standards and regulations--namely international ISO banking standards, Basel standards devised by the Basel Committee on Banking Supervision, International Financial Reporting Standards, reports on the Observance of Standards and Codes, the
Financial Sector Assessment Program of the World Bank, and the AntiMoney Laundering and Combating Financing of Terrorism regulations of the Financial Action Task Force.
Since the 2011
Financial Sector Assessment Program (FSAP), India has recorded strong growth in both economic activity and financial assets, supported by important structural reforms and terms of trade gains.
For common folks, this stands for
Financial Sector Assessment Program. A FSAP is undertaken by the institutions missing...
The purpose of the draft law is to improve the regulatory framework for banking supervision by complying with the recommendations of the
Financial Sector Assessment Program report and the commitments made by the Bulgarian National Bank in response to the report.
In 1999, the International Monetary Fund (IMF) and the World Bank (Bank World) launched the
financial sector assessment program (FSAP), stress testing for the first time as an important tool to measure financial vulnerability.
Compliance with international standards was evaluated by the International Monetary Fund's
Financial Sector Assessment Program. The report can be found at: http://www.imf.org/external/pubs/ft/scr/2009/cr09275.pdf
Its conclusions indicate that Pakistan's regulatory framework has undergone significant improvements in the structure and practice of regulation since 2004, when the International Monetary Fund and World Bank issued their last
Financial Sector Assessment Program (FSAP) evaluation of the country.
