Cover IMF Staff Country Reports
Trinidad and Tobago: Press Release; Financial System Stability Assessment; and Statement by the Executive Director for Trinidad and Tobago
Author:
International Monetary Fund. Monetary and Capital Markets Department
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2020: Issue 291
Language:
English
Publication Date:
30 Oct 2020
DOI:
https://doi.org/10.5089/9781513559957.002
ISBN:
9781513559957
ISSN:
1934-7685
Pages:
75
Keywords:
ISCR; CR; bank; FSAP work; FSAP mission; FSSA report; CBTT plan; supervisory effectiveness; regulatory power; Commercial banks; Insurance companies; Mutual funds; COVID-19; Global; Caribbean
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The FSAP work was mostly conducted prior to the COVID-19 crisis. Given the FSAP’s focus on medium-term challenges and tail risks, its findings and recommendations for strengthening policy and institutional frameworks remain pertinent. As the growth projections were significantly revised downward since the FSAP, the quantitative risk analysis on bank solvency was complemented to include illustrative scenarios to quantify the possible implications of the COVID-19 shock on bank solvency.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2020: Issue 291