Download or read book Offshore Financial Centers Report on the Assessment Program and Proposal for Integration with the Financial Sector Assessment Program Supplementary Information written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2008-08-05 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This supplement reviews the data received thus far and the progress made by participating jurisdictions in their dissemination efforts. Data for major jurisdictions that declined to participate are also provided where it is available from published sources. In addition, data on a sample of advanced economies are provided for comparative purposes. The framework identified a minimum set of variables for dissemination and recommended that jurisdictions publish data on those variables although jurisdictions could choose to publish more. Tables 2 and 5 to 13 provide the data received on those variables. The framework also identified additional variables that were to be provided to the Fund to help Fund staff monitor developments in financial centers.
Download or read book Offshore Financial Centers written by International Monetary Fund and published by . This book was released on 2008 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper provides an update and overview of the Offshore Financial Center (OFC) program. At the time of the November 2003 review of the OFC program, Directors indicated that the Board should conduct the next review of the program in 2-3 years and be updated periodically on the progress in implementing the OFC program. Progress reports have been issued to the Board annually, the most recent in February 2006"--IMF information page summary.
Download or read book Offshore Financial Centers The Assessment Program A Progress Report written by International Monetary Fund. Monetary and Financial Systems Dept. and published by International Monetary Fund. This book was released on 2005-02-25 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Offshore Financial Centers The Assessment Program A Progress Report and the Future of the Program written by International Monetary Fund. Monetary and Financial Systems Dept. and published by International Monetary Fund. This book was released on 2003-07-31 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Offshore Financial Centers written by Internationaler Währungsfonds and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper updates Executive Directors on the progress since February 2005 in implementing the second phase of the offshore financial center (OFC) program as agreed in November 2003 (see PIN No. 03/138 at http://www.imf.org). At that time, Directors recognized that OFCs could pose prudential and financial integrity risks to the international financial system. In this context, Directors agreed that the monitoring of OFCs' activities and their compliance with supervisory and integrity standards should become a standard component of the financial sector work of the Fund. They also requested periodic updates on the progress with implementation of the program. Earlier updates were provided in March 2004 (Offshore Financial Centers-The Assessment Program-An Update) and February 2005 (Offshore Financial Centers-The Assessment Program-A Progress Report). With the completion of the first round of assessments, staff have begun implementing the second phase of the program.
Download or read book Selected Decisions and Selected Documents of the International Monetary Fund Forty First Issue Supplement written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2021-02-08 with total page 907 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the Forty-First Issue of Selected Decisions and Selected Documents of the IMF. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF, as well as selected documents, to which frequent reference is made in the current activities of the IMF. In addition, it includes certain documents relating to the IMF, the United Nations, and other international organizations. As with other recent issues, the number of decisions in force continues to increase, with the decision format tending to be longer given the use of summings up in lieu of formal decisions. Accordingly, it has become necessary to delete certain decisions that were included in earlier issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions. Wherever reference is made in these decisions and documents to a provision of the IMF’s Articles of Agreement or Rules and Regulations that has subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.
Download or read book IEO Report on the Evaluation of the Financial Sector Assessment Program written by International Monetary Fund. Independent Evaluation Office and published by International Monetary Fund. This book was released on 2006-05-02 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Sector Assessment Program (FSAP) is a joint IMF–World Bank initiative to provide countries with comprehensive evaluations of their financial systems.The IEO evaluation assessed the effectiveness of the FSAP from the perspective of the IMF. The main findings address the following areas: the nature of priority setting under the FSAP; the efficiency of FSAP processes and quality of the main diagnostic tools; the overall quality of FSAP content; how well the IMF has used FSAP results in its surveillance, technical assistance, and program activities; and evidence on the overall impact of the FSAP on the domestic policy dialogue, changes in policies and institutions, and market participants.
Download or read book Offshore Financial Center Program A Progress Report written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2003-03-17 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Offshore Financial Centers written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore financial center authorities' knowledge of the activities of corporate entities registered in their jurisdictions is too limited. The report summarizes for EDs progress with the offshore financial center (OFC) program aimed at helping Fund members identify gaps and reduce potential vulnerabilities in their financial systems.
Download or read book Financial Sector Assessment Program Review Lessons and Issues Going Forward written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-02-22 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports on developments in the Financial Sector Assessment Program (FSAP) since the last Board review of the FSAP in spring 2003 and discusses staff views of the programs evolution.
Download or read book United States written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2015-07-07 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for the United States in the areas of systemic risk oversight and management. Significant steps have been taken by the U.S. authorities to reduce risks in a number of areas, but progress is most advanced in the area of banking sector resilience, and less so in other areas which play a major role in the financial system. Further actions are needed to address data gaps, resolve remaining impediments to data sharing, support coordination and consultation on prudential standards and regulations, enhance risk monitoring frameworks, and provide additional clarity on the nature and scale of identified emerging systemic threats.
Download or read book United States written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-30 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report gives a summary of the detailed assessment report on the implementation of the Basel Core Principles for Effective Banking in the United States and its recommendations, securities and futures market regulatory, insurance regulation, Fixed Income Clearing Corporation -Government Securities Division (FICC-GSD) system, and other recommendations such as Depository Trust Company (DTC) against the Recommendations for Securities Settlement Systems (RSSS), the National Securities Clearing Corporation (NSCC) against the Recommendation for Central Counterparties (RCCP), the Fedwire Securities Service (FSS) against the Committee on Payment and Settlement Systems -International Organization of Securities Commission (CPSS-IOSCO) RSSSs as well. The U.S. authorities welcomed the Financial Sector Assessment Program (FSAP) and independent reviews, and appreciated significant undertaking associated with reviews in the wake of the crisis.
Download or read book United States written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-15 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Detailed Assessment of Observance of the National Securities Clearing Corporation’s (NSCC) Observance of the Committee on Payment and Settlement Systems/International Organization of Securities Commissions (CPSS–IOSCO) Recommendations for Central Counterparties (CCP) for the United States. The assessment recommends that a CCP should have a well-founded, clear, and transparent legal basis in the relevant jurisdictions. A CCP should require participants to have sufficient financial resources and robust operational capacity to meet obligations arising from participation in the CCP.
Download or read book United States written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-05-15 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Detailed Assessment of Observance of the Fixed Income Clearing Corporation–Government Securities Division’s Observance of the Committee on Payment and Settlement Systems/International Organization of Securities Commissions (CPSS–IOSCO) Recommendations for Central Counterparties (CCP) for the United States. The assessment recommends that a CCP should have a well-founded, transparent, and enforceable legal framework for each aspect of its activities in all relevant jurisdictions. A CCP should require participants to have sufficient financial resources and robust operational capacity to meet obligations arising from participation in the CCP.
Download or read book United States written by José Viñals and published by . This book was released on 2010 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-30 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note reviews outgoing U.S. consolidated regulatory and supervisory arrangements and explores options to strengthen them. Although U.S. consolidated regulation and supervision span from the smallest financial groups to the largest and most complex, much effort is focused on the latter. This note addresses the basic statutory arrangements for consolidated regulation and supervision, as distinct from the actual exercise. It is stressed that, of all the U.S. regulatory bodies, it is the Federal Reserve that is best placed to bear the consolidated supervisory mandate.
Download or read book United States of America written by and published by . This book was released on 2010 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt:
