Comment
Author: YOUSSEF EL-KHALIL
Language:
English
Keywords:
SEM; market; bank; rating; market participant; market discipline; IMF surveillance; risk profile; government regulator; Financial sector stability; Credit; Credit risk; Financial Sector Assessment Program; Global; Europe; Southeast Asia; East Asia; Asia and Pacific

Abstract

It gives me great pleasure to be a member of the panel discussing the study by Messrs. Ingves, Leone, Hilbers, and O’Brien, “Assessing Financial Sector Soundness: The Role of the IMF.” I find it a challenging task to comment on a very informative description of the Financial Sector Assessment Program (FSAP). The study presents the background, context and related work of the program while raising the essential questions and worries that can be addressed, grasping the lessons that can be drawn from a relatively recent experience, and projecting the program into the future.

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Cover Financial Risks, Stability, and Globalization
Financial Risks, Stability, and Globalization
Author: Mr. Omotunde E. G. Johnson
ISBN:
9781589060128
Publication Date:
29 Apr 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060128.072
Pages:
570