Contents

List of Acronyms and Abbreviations

Executive Summary

1. Introduction
   
   
2. Report on Developments since the Previous Board Review
   1. Status and Patterns of Country Participation
   2. Publication Trends
   3. Progress in Implementing the Conclusions of the Previous Board Review
   4. Financial Sector Assessment Handbook and Seminars
   5. Resource Use
   
   
3. Analytical Tools
   
   
4. Issues and Lessons from Assessments and Updates
   1. Selected Common Issues and Recommendations
   2. Responses by Country Authorities
   
   
5. The Program’s Links to Other Activities of the Bank and
   the Fund, Standard Setters, Other Agencies, and
   Country Authorities
   1. Surveillance
   2. Development Perspective
   3. Technical Assistance, Lending, and Analytical and Advisory Services
   4. Relationships with Standard Setters and External Experts
   5. Relationship with FATF AML/CFT Standards and Other Market Integrity Standards
   
   
6. Analytical Tools Used in the FSAP—Experience and Progress to Date
   1. Future Shape of the Program
   2. Follow-up and Relationships to Other Financial Sector Work
   3. Next Review
   
   
7. Issues for Discussion

Text Tables

1. Country Participation in the FSAP
2. Publication Trends
3. Selected Features of Stress Tests in FSAPs

Figures

1. Initial Assessments by Development Level and by Region
2. Updates by Development Level and by Region
3. Observance of Standards and Codes Assessed in FSAPs

Appendices

1. Countries That Have Not Participated or Agreed to Participate in the FSAP
   
2. Post-FSAP Feedback Responses