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Persistent link: https://www.econbiz.de/10000663179
This paper discusses Article IV, Section 8 of the Articles of Agreement which states the requirement of maintenance of the gold value of the IMF's assets. Each member of the IMF is bound to maintain the gold value of the IMF's holdings of the member's currency notwithstanding changes in the par...
Persistent link: https://www.econbiz.de/10014394421
On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...
Persistent link: https://www.econbiz.de/10014408530
Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the "Guidelines"), which were adopted on March 22, 2017, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment objectives and policies to guide the investment of assets of...
Persistent link: https://www.econbiz.de/10014410919
Persistent link: https://www.econbiz.de/10009504217
Since the financial crisis in 1997-98, Korea has made major progress in financial, and corporate sector reform - the … examination of the Korea Development Bank should be conducted, including a review of the derivatives-related accounting systems …
Persistent link: https://www.econbiz.de/10012559035
information have been removed. Since 2011, Korea also applies the Korean International Financial Reporting Standards (K-IFRS) that …-deliberation committees at various levels. Self-regulatory organizations—the Korea Exchange (KRX), the Korea Financial Investment …
Persistent link: https://www.econbiz.de/10011244318
This paper discusses key findings of the Report on the Observance of Standards and Codes for the Republic of Korea …. Responsibilities, objectives, and powers related to banking supervision are clearly defined in the Republic of Korea. The legal …
Persistent link: https://www.econbiz.de/10011245311
The financial stability assessment under the Financial Sector Assessment Program (FSAP) for Korea was carried out in … the Bank of Korea (BOK), complemented by macroeconomic projections from the BOK’s macroeconomic model. These were …
Persistent link: https://www.econbiz.de/10011245336
This Financial System Stability Assessment report on the Republic of Korea highlights that the Korean economy is …
Persistent link: https://www.econbiz.de/10011245747