Financial Sector Assessment Program (FSAP)
Last updated:
Friday, May 17, 2013
The Financial Sector Assessment Program (FSAP), established in 1999, is a comprehensive
and in-depth assessment of a country’s financial sector. It is a key instrument
of the Fund’s surveillance and provides input to the Article IV consultation. In
jurisdictions with financial sectors deemed by the Fund to be systemically important,
financial stability assessments under the FSAP are a mandatory part of Article IV
surveillance, and are supposed to take place every five years; for all other jurisdictions,
participation in the program is voluntary. In developing and emerging market countries,
FSAPs are conducted jointly with the World Bank. In these countries, FSAP assessments
include two components: a financial stability assessment, which is the responsibility
of the Fund, and a financial development assessment, which is the responsibility
of the World Bank. Each individual country’s FSAP concludes with the preparation
of a Financial System Stability Assessment (FSSA), which focuses on issues of relevance
to IMF surveillance and is discussed at the IMF Executive Board together with the
country’s Article IV report. Publication of FSSAs is not mandatory. In addition
to the main document (listed below if published), individual country’s FSAPs may
bring forward additional supporting documents.
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2013
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Belgium
:
Belgium: Financial System Stability Assessment,
May 17, 2013
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Kosovo
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Republic of Kosovo: Financial System Stability Assessment,
April 12, 2013
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Bahamas, The
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The Bahamas: Financial Sector Stability Assessment,
April 11, 2013
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Malaysia
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Malaysia: Financial Sector Stability Assessment,
February 28, 2013
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Colombia
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Colombia: Financial System Stability Assessment,
February 22, 2013
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India
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India: Financial System Stability Assessment Update,
January 15, 2013
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Armenia, Republic of
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Republic of Armenia: Financial System Stability Assessment,
January 11, 2013
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