-GAP VAT) gap estimation methodology to Belgium for the period 2011-2021. The RAGAP methodology employs a top-down approach for … estimating the potential VAT base, using statistical data on value-added generated in each sector. VAT collections have, on …, at around 7 percent of gross domestic product (GDP). Like the VAT revenues, the compliance gap, as a percent of GDP, has …

Spillovers from Belgium Financial Sector -- 2. Network Analysis of Spillover Risk for the Belgian Banking System -- 3. The Impact … of the Banking Union on Belgium -- FIGURES -- 1. Structural Features of the Financial Sector -- 2. Economic Developments …

This paper on Belgium focuses on detailed assessment of observance of the International Organization of Securities … that the National Bank of Belgium (NBB)-as the National Resolution Authority-should ensure that the resolution plan for EB …

This technical note provides an update on the systemic risk analysis and stress testing in Belgium. The Financial …

This technical note discusses macroprudential policy framework and tools in Belgium. The macroprudential policy … of Belgium (NBB) on some of its macroprudential tools is strong but hampered for other instruments by the need to obtain …

This paper focuses on the technical note on regulation and supervision of less significant institutions in Belgium. The … financial sector assessment program (FSAP) undertook a targeted review of Belgium's Less Significant Institutions (LSI) and … third-country branches (TCBs) banking regulation and supervision. The National Bank of Belgium (NBB) and Financial Services …

This report on Belgium discusses the technical note on financial safety net and crisis management. The authorities … enhancing the Deposit Insurance System. The Belgium financial sector assessment program has reviewed the national arrangements …

Belgium. This technical note (TN) provides an update on the insurance sector and highlights risks and vulnerabilities. It …-operation and co-ordination. Belgium has adopted a twin peaks model of regulatory oversight and supervision. The National Bank of … Belgium (NBB) is responsible for prudential supervision at both a micro and macro level whilst the Financial Services and …