Countries in the IMF Financial Stability Spotlight in 2022
The Financial Sector Assessment Program is a key pillar of IMF surveillance.
Countries in the IMF Financial Spotlight in 2019
By IMFBlog
In 2019, the IMF will complete 14 assessments under the Financial Sector Assessment Program (FSAP). Eight of this year’s assessments are mandatory: Australia, Austria, Canada, France, Italy, Poland, Singapore, and Switzerland. The other six are voluntary: Algeria, Bahamas, Kuwait, FYR Macedonia, Malta, and Thailand. […]
Countries in the IMF Financial Spotlight in 2018
By IMF Blog
January 31, 2018
Versions in عربي (Arabic), 中文 (Chinese), Français (French), 日本語 (Japanese), Español (Spanish), Русский (Russian)
Financial sector assessments are showing that countries and financial systems are adapting better methods to monitor financial vulnerabilities (photo: Ingram Publishing/Newscom).
The IMF in 2018 will complete ten assessments of countries’ financial systems, to identify risks and propose policies to strengthen their financial stability. Three of this year’s reviews will be for countries with Systemically Important Financial Systems : Belgium, Brazil and Poland. In addition, IMF experts will assess the euro area’s financial stability. Other financial stability assessments will cover Armenia, Jamaica, Namibia, Peru, Romania, and Tanzania.
Improving Financial Stability in China
By Ratna Sahay and James P. Walsh
December 6, 2017
Version in عربي (Arabic), 中文(Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Русский (Russian)
A man walks past a bank branch in Beijing: China’s leaders have made financial stability one of their top priorities (photo: Stephen Shaver/UPI/Newscom).
China’s leaders have made financial stability one of their top priorities. Given the size and importance of the Chinese market, with the world’s largest banks and second-largest stock market, that is welcome news for China and the world. The financial system permeates virtually all aspects of economic activity, having played a key role in facilitating rapid economic growth and in sharply reducing poverty rates.
China is moving from the world’s factory floor toward a more modern, consumer-driven economy. During this transition, however, some tensions have emerged in the financial sector. […]
Blow, Bling and Bucks: IMF Work Against Money Laundering and Terrorist Financing
Drug traffickers, diamond smugglers, and terrorists’ financiers around the world have one thing in common: they abuse the financial system to “clean” the proceeds they have obtained from their illegal work, or to transfer funds to achieve their destructive aims. The former is known as money laundering and the latter as terrorist financing.
The IMF has worked with countries to combat money laundering and terrorist financing for over 10 years. With the benefit of all this experience, we decided it was time to consider a new, risk-focused approach to add depth to the way we assess money laundering and terrorist financing.