This Financial System Stability Assessment on France reviews the institutional and regulatory framework. Consolidation among financial institutions has resulted in six large universal, vertically integrated banking groups having a strong position in the domestic market. Bank profitability has...

The Detailed Assessments of the Observance of Standards and Codes on the IOSCO Objectives and Principles of Securities Regulation on Kuwait review preconditions for effective securities regulation. The securities market in Kuwait is the second largest in the Arab world in terms of value of...

This report provides an assessment of fiscal transparency practices in Fiji against the requirements of the IMF Code of Good Practices on Fiscal Transparency. The assessment has two parts. The first part is a description of practice, prepared by the IMF staff on the basis of discussions with the...

This report reviews the Observance of Standards and Codes on Fiscal Transparency for Belarus. Belarus meets the requirements of the fiscal transparency code in some important areas. There is a comprehensive legal and administrative framework for management of budget resources. The Budget systems...

This paper presents an Update to the Report on the Observance of Standards and Codes on the Fiscal Transparency Module for Pakistan. Under the Project for Improvement of Financial Reporting and Auditing (PIFRA), key steps to enhance fiscal reporting and monitoring were taken recently. Accounting...

This paper presents an update to the report on the Observance of Standards and Codes on Banking Supervision, Payment Systems, and Securities Regulation for Croatia. The 2001 Financial Sector Assessment Program (FSAP) mission assessed Croatia’s compliance with the Basel Core Principles for...

This report on the Observance of Standards and Codes on Fiscal Transparency Module on Ghana highlights a fiscal transparency module. Ghana meets the standards of the fiscal transparency code in several areas. In spite of the progress, the transparency of fiscal activities still falls short of...

Singapore’s financial sector, which is dominated by the banking sector, remains robust despite a series of economic downturns and substantial asset price declines. Economic developments in the past few years have highlighted Singapore’s vulnerability to exogenous shocks, including...

This data module of the Report on the Observance of Standards and Codes (ROSC) provides a summary assessment of dissemination practices in the Philippines relative to the Special Data Dissemination Standard (SDDS). It presents a summary assessment of data quality for national accounts, consumer...