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This fiscal transparency evaluation (FTE) report assesses fiscal transparency practices in Colombia against the first … Colombia's FTE. Half of the related indicators are advanced, mostly in the areas of: (1) orderliness of the legislative process …
Persistent link: https://www.econbiz.de/10011919831
This Technical Note on Stress Testing and Systemic Risk Analysis for the Republic of Poland discusses that Poland's financial system is dominated by the banking sector, with significant state participation and foreign ownership. The banking system shows resiliency to adverse shocks in the...
Persistent link: https://www.econbiz.de/10012011451
This paper discusses key findings of the Financial System Stability Assessment concerning Madagascar. The analysis reveals that the Madagascar's banking sector is exposed to significant risks, though it has certain buffers, such as high profitability and a stable deposit base. Currently the...
Persistent link: https://www.econbiz.de/10011690614
This technical note discusses key findings of the Stress Testing of the Banking Sector for France. Stress testing analysis was used to capture the most salient risks for banks. The findings support the current focus of Autorité de Contrôle Prudentiel (ACP) to require banks to build up adequate...
Persistent link: https://www.econbiz.de/10012667570
The heterogeneity of the United States (U.S.) financial markets and complex regulatory and supervisory institutional setup in the United States underscore the importance of enhancing systemic risk oversight and building effective macroprudential tools. An effective framework would encompass...
Persistent link: https://www.econbiz.de/10012266900
Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR's economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global...
Persistent link: https://www.econbiz.de/10012604066
This Technical Note discusses results of risk assessment and stress tests (ST) of the banking system in Bulgaria. ST results reveal that the Bulgarian banking system is vulnerable to the extreme realization of internal and external risks coupled with the need to clean the balance sheets from...
Persistent link: https://www.econbiz.de/10011698083
The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
place in Colombia as at the date of the onsite visit (June 5 to 22, 2017). It analyzes the level of compliance with the … Financial Action Task Force (FATF) 40 Recommendations and the level of effectiveness of Colombia's AML/CFT system, and provides …
Persistent link: https://www.econbiz.de/10011940225
Colombia has a reasonable understanding of its main domestic money laundering/terrorist financing (ML/TF) risks. The … significant gaps in the supervision of designated non-financial businesses and professions (DNFBPs). -- Colombia investigates and …
Persistent link: https://www.econbiz.de/10011940250