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Cover -- Contents -- Abstract -- I. Introduction -- II. Overseas Exposure of the Japanese Financial System -- III. Channels of Spillovers -- A. Direct Spillovers -- B. Funding Market Spillovers -- C. Institutional Spillovers -- IV. Conclusions -- Tables -- 1. Consolidated Foreign Claims of...
Persistent link: https://www.econbiz.de/10009626812
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409349
This financial stability assessment provides an update on the significant regulatory and supervisory developments in the banking and insurance sectors of Belgium since 2006. The Belgian financial system is relatively large with solid capital buffers on aggregate, and the 2008 global financial...
Persistent link: https://www.econbiz.de/10014409416
Japan's financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, the pace of digitalization in Japan has increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial system, and...
Persistent link: https://www.econbiz.de/10015058447
Japan's large and globally well-integrated financial system has remained resilient through a series of shocks, including the COVID-19 pandemic, aided by strong policy support and improved policy frameworks since the 2017 Financial Sector Assessment Program (FSAP). The financial system is,...
Persistent link: https://www.econbiz.de/10015058451
Kazakhstan is vulnerable to transition risk due to the importance of its energy- and emissions-intensive sectors. Domestic and global climate policies would negatively affect Kazakhstan's economy, its firms, industries, and banks, with heterogenous impacts across industries and banks. Using both...
Persistent link: https://www.econbiz.de/10015058488
The Netherlands FSAP focused on three cross-cutting themes-housing, non-banks, and climate risks-while carrying out a comprehensive review of financial sector oversight. The FSAP reviewed the resilience of the Dutch financial system against a set of conjunctural and structural challenges to the...
Persistent link: https://www.econbiz.de/10015058522
Following Kazakhstan's recovery from the 2014-15 decline in oil prices, the country was hit by a series of shocks, starting with the COVID-19 pandemic, then the January 2022 social unrest, and most recently the fallout from Russia's invasion of Ukraine. So far, that has had limited impact on...
Persistent link: https://www.econbiz.de/10015058690
This paper presents financial system stability assessment (FSSA) report for Maldives. Maldives is a tourism dependent economy with a small financial sector dominated by state-owned banks. Systemic risks stem largely from a growing sovereign-bank nexus, high dollarization, and a shortage of...
Persistent link: https://www.econbiz.de/10015058852
Botswana's financial sector, which exhibits high integration between banks and non-bank financial institutions, withstood the pandemic well. The economic recovery continues to be strong, but inflation remains high with risks tilted to the upside. Overall, the authorities have made notable...
Persistent link: https://www.econbiz.de/10015059068