Montenegro: Technical Assistance Report-Macroprudential Policy Framework
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Technical Assistance Report discusses technical advice and recommendations given by the IMF mission to the authorities of Montenegro regarding establishment of a macroprudential policy framework. The macroprudential policy mandate should rest with the Central Bank of Montenegro, with enhanced accountability, given its financial stability mandate and systemic risk analytical capacity. The mandate should be explicitly spelled out in a single published document that sets out a policy framework with clear objectives and specific indicators and instruments. Accountability for macroprudential policy decisions should also be strengthened.
Series:
Country Report No. 2017/322
Subject:
Banking Financial regulation and supervision Financial sector policy and analysis Financial sector stability Macroprudential policy Systemic risk Systemic risk assessment
English
Publication Date:
October 19, 2017
ISBN/ISSN:
9781484324530/1934-7685
Stock No:
1MNEEA2017003
Pages:
31
Please address any questions about this title to publications@imf.org