Guidance Note For Staff On Undertaking Targeted Risk Based Reports On The Observance Of Standards And Codes Roscs In Financial Regulation And Supervision

Download or read book Guidance Note for Staff on Undertaking Targeted (Risk-Based) Reports on the Observance of Standards and Codes (ROSCs) in Financial Regulation and Supervision written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2010-06-10 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: In September 2009, the International Monetary Fund (IMF) and the World Bank (WB) Boards approved changes to the Financial Sector Assessment Program (FSAP) to (i) make it more flexible and better-aligned with country needs as well as IMF and WB financial sector priorities and core responsibilities; (ii) enhance the quality, candor, and comparability of assessments; and (iii) better-integrate FSAP analysis into the institutions’ evolving mandates.