Public Information Notice: IMF Executive Board Reviews Experience with the Financial Sector Assessment Program , April 6, 2005

Financial Sector Assessment Program - Background Paper, February 22, 2005

Public Information Notice: IMF Reviews Experience with the FSAP and Reaches Conclusions on Issues Going Forward, April 4, 2003

Analytical Tools of the FSAP,
February 24, 2003

Development Issues in the FSAP,
February 24, 2003

Financial Sector Assessment Program (FSAP)

World Bank FSAP page

Financial Sector Assessment Program—Review, Lessons, and Issues Going Forward

Prepared by the Staffs of the International Monetary Fund and the World Bank

February 22, 2005

Use the free Adobe Acrobat Reader to view the full text of 157 kb pdf file. 


List of Acronyms and Abbreviations

Executive Summary

  1. Introduction

  2. Report on Developments since the Previous Board Review
    1. Status and Patterns of Country Participation
    2. Publication Trends
    3. Progress in Implementing the Conclusions of the Previous Board Review
    4. Financial Sector Assessment Handbook and Seminars
    5. Resource Use

  3. Analytical Tools

  4. Issues and Lessons from Assessments and Updates
    1. Selected Common Issues and Recommendations
    2. Responses by Country Authorities

  5. The Program’s Links to Other Activities of the Bank and
    the Fund, Standard Setters, Other Agencies, and
    Country Authorities
    1. Surveillance
    2. Development Perspective
    3. Technical Assistance, Lending, and Analytical and Advisory Services
    4. Relationships with Standard Setters and External Experts
    5. Relationship with FATF AML/CFT Standards and Other Market Integrity Standards

  6. Analytical Tools Used in the FSAP—Experience and Progress to Date
    1. Future Shape of the Program
    2. Follow-up and Relationships to Other Financial Sector Work
    3. Next Review

  7. Issues for Discussion

Text Tables

1. Country Participation in the FSAP
2. Publication Trends
3. Selected Features of Stress Tests in FSAPs


1. Initial Assessments by Development Level and by Region
2. Updates by Development Level and by Region
3. Observance of Standards and Codes Assessed in FSAPs


  1. Countries That Have Not Participated or Agreed to Participate in the FSAP
  2. Post-FSAP Feedback Responses