This paper provides country-specific information on fiscal rules in use in 81 countries from 1985 to end-September 2012. It serves as background material and update of the July 2012 Working Paper “Fiscal Rules in Response to the Crisis—Toward the ‘Next Generation’...

The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian...

The Mozambican financial system has made remarkable progress from mono-banking to a full blown, market-based, financial system. Although Mozambican banks are generally profitable and well capitalized, they are exposed to significant credit risk. A number of reforms are needed to enhance the...