Technical Assistance Reports

Jordan: Technical Assistance Report-Developing Supervisory Review and Evaluation Process SRP Framework

March 15, 2024

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Jordan: Technical Assistance Report-Developing Supervisory Review and Evaluation Process SRP Framework, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

The International Monetary Fund (IMF)’s Middle East Regional Technical Assistance Center (METAC) is currently assisting the Central Bank of Jordan (CBJ) in enhancing its risk-based supervision through the development of a Supervisory Review and Evaluation SRP framework inspired from European Central Bank (ECB) methodology. The Technical Assistance TA mission is part of a multi-step medium-term project. The TA mission aimed to design, in coordination with CBJ, a progressive multi-step roadmap defining the major milestones for a full implementation of SRP. The mission noted that several dimensions should be taken into consideration when implementing the SRP, most notably bridging the data gap by building a fully-fledged supervisory risk database through a dedicated IT project, assessing whether the current organization of the Banking Supervisory Department should be adjusted, and progressively cover all material sources of risks in the SRP.

Subject: Bank supervision, Commercial banks, Credit risk, Financial institutions, Financial regulation and supervision, International organization, Monetary policy, Risk-based supervision

Keywords: Bank supervision, CBJ's supervision staff, Commercial banks, Credit risk, Evaluation process SRP framework, Global, IMF's Monetary, Risk-based supervision, SRP approach, SRP framework

Publication Details

  • Pages:

    17

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Technical Assistance Report No. 2024/020

  • Stock No:

    TAREA2024020

  • ISBN:

    9798400270581

  • ISSN:

    3005-4575