In this study, the economic development and growth of San Marino are discussed. For liquidity management, the Central … Bank of San Marino was commended. Different measures have been taken to enhance the operational autonomy of the Central … Bank of San Marino (CBSM), buttress supervisory functions, and strengthen Antimoney Laundering and Combating the Financing …

development of San Marino’s financial system over the past two decades is outlined. San Marino’s financial sector focuses on … services to its residents and the residents of its large neighbor. San Marino’s competitiveness is assessed on the basis of … real exchange rates. The importance of a strong relationship with Italy may also require San Marino to take more …

This 2009 Article IV Consultation highlights that the global financial crisis, which began to affect the economy of San … Marino in the second half of 2008, is likely to continue to do so in 2009–10. Short-term vulnerabilities in the financial …

This Selected Issues paper for the Republic of San Marino analyzes options for managing systemic liquidity risk. The … paper states that financial dollarization/euroization—as in the case of San Marino—or a currency board arrangement can … San Marino, in comparison with other European pension systems, and analyzes its sustainability …