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This paper reviews assessment of financial market infrastructures (FMIs) and authorities' responsibilities in Canada. The report shows that the FMIs have operated normally under a well-established legal and oversight framework that is distinct for Canada. The Bank of Canada (BOC) has issued a...
Persistent link: https://www.econbiz.de/10014407891
This Technical Note on Oversight of Fintech explains that Ireland's fintech sector is growing in importance through the … identify risks arising from fintech as well as policy responses by authorities. The Irish Government has adopted a Strategy … initiatives of relevance to fintech. The Central Bank has an Innovation Hub that provides a single point of contact for …
Persistent link: https://www.econbiz.de/10015060227
monitoring of fintech in Japan. It focuses on the institutional arrangements for fintech monitoring, as well as the approach that … the Japanese authorities have taken to review the regulatory perimeter around fintech-related issues, noting regulatory …
Persistent link: https://www.econbiz.de/10015058444
The impact of fintech in Trinidad and Tobago is currently concentrated in the payments sector. In meeting with firms … utilizing fintech, trade bodies, and public authorities, we found that the impact of fintech is not yet broad based and is … crowdfunding, robo-advice, and crypto assets. While data on the impact of fintech are limited, we use public information …
Persistent link: https://www.econbiz.de/10015059107
(CBDC) in Sweden, as well as the growing significance of the Fintech sector. The Riksbank has been one of the pioneers in …' ability to carry out its mandate. While systemic importance of the Fintech sector seems limited, the sector should be …
Persistent link: https://www.econbiz.de/10015059535
This Selected Issues paper discusses the impact of global financial turmoil on Japan. It describes how close integration in global financial markets has deepened and expanded the channels for spillovers. The paper discusses options for increasing the consumption tax to finance the public pension...
Persistent link: https://www.econbiz.de/10011243246
This paper reports on Bangladesh’s Financial System Stability Assessment. Considerable progress has been made in strengthening the resilience of the country's financial sector. Total assets of the banking sector have increased twofold since 2003, and credit to the private sector has risen...
Persistent link: https://www.econbiz.de/10011245298
This paper discusses key findings of the financial sector stability assessment for Romania. The assessment reveals that in recent years, Romania’s financial sector regulatory authorities have made significant progress in adopting international best practices, including through...
Persistent link: https://www.econbiz.de/10011245535
This Article IV Consultation reports that Malta’s economy continues to perform well amidst considerable turbulence in the euro area. While spillovers have remained contained to date, Malta’s large financial sector and highly open economy heighten contagion and financial stability...
Persistent link: https://www.econbiz.de/10011243218
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/10011243315