Technical Assistance Reports

Panama: Technical Assistance Report-Follow-Up on Stress Testing – Parts 2 and 3

Publication Date:

September 4, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

During two visits in 2023-24, the IMF mission implemented a set of recommendations made by a previous technical assistance mission in May 2022 which were aimed at improving the solvency stress model of the Superintendency of Banks, Panama (SBP). The mission also provided training on the design of a cash flow-based liquidity stress tool and another system-level liquidity stress testing methodology. During a follow-up mission, work was carried out on market risk and corporate risk, and the methodology for the liquidity stress test that was used during the 2023 Financial Sector Assessment Program (FSAP) with Panama was anchored at the SBP.

Series:

Technical Assistance Report No. 2024/075

Subject:

Asset and liability management Balance of payments External debt Financial regulation and supervision Financial Sector Assessment Program Financial sector policy and analysis Financial statements Interest payments Liquidity Liquidity stress testing Macroprudential policy instruments Market risk Portfolio investment Public financial management (PFM) Solvency Stress testing

Frequency:

regular