Jamaica : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Basel Core Principles for Effective Banking Supervision, the CPSS Core Principles for Systemically Important Payment Systems, and IMF Monetary and Financial Policy Transparency Codes

1JAMEA2006001 Image
Price:  $15.00

Release Date: © May, 2006
ISBN : 978-1-45182-016-4
Stock #: 1JAMEA2006001
English
Stock Status: On back-order

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Description

This paper discusses key findings of the Financial System Stability Assessment on the Basel Core Principles for Effective Banking Supervision, the Committee for Payment and Settlement Systems (CPSS) Core Principles for Systemically Important Payment Systems, and IMF Monetary and Financial Policy Transparency Codes for Jamaica. The assessment reveals that, although the financial system currently appears well capitalized and supervision has been considerably strengthened in recent years, financial institutions operate in a risky macroeconomic environment. Structural priorities are to improve the insolvency and creditor rights regime and introduce a central securities depository for fixed-income securities.

Taxonomy

Anti-money laundering , Economic policy , Financial system stability assessment , Fiscal policy , International financial system , Monetary policy , Pensions , Social policy , Transparency




More publications in this series: IMF Staff Country Reports