IMF Staff Country Reports

United Kingdom: Financial System Stability Assessment including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Supervision, Securities Regulation, Payment Systems, Monetary and Financial Transparency, Securities Settlement Systems, and Anti-Money Laundering and Countering Terrorist Financing

Publication Date:

March 3, 2003

Electronic Access:

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Summary:

This paper presents key findings of the Financial System Stability Assessment for the United Kingdom, including Reports on the Observance of Standards and Codes on Banking Supervision, Insurance Supervision, Securities Regulation, Payments Systems, Monetary and Financial Policy Transparency, and Securities Settlement Systems. The financial sector of the United Kingdom is supported by a financial policy framework that has been significantly strengthened in a number of ways in recent years, and that in many respects is at the forefront internationally. The supervision framework complies or largely complies with most international standards and codes.

Series:

Country Report No. 2003/046

Subject:

Anti-money laundering and combating the financing of terrorism (AML/CFT) Banking Crime Financial institutions Financial sector policy and analysis Financial sector stability Financial stability assessment Insurance companies Money laundering