Policy Papers

Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance-Background Material

Publication Date:

August 31, 2010

Electronic Access:

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Summary:

This paper presents the staff analysis underpinning two central elements of the proposal to make financial stability assessments under the FSAP mandatory for members with systemically important financial sectors:

the definition of systemic importance used in the paper and the methodology for identifying members with systemically important financial sectors (Section II); and

the review of the literature and industry practices that form the basis for the staff proposal to conduct these mandatory financial stability assessments at a frequency of about three years (Section III).

Series:

Policy Papers

Subject:

Article IV consultations Background papers Bilateral surveillance Financial sector Financial Sector Assessment Program Financial stability