Israel: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency; Banking Supervision; Securities Supervision; and Payments Systems
August 10, 2001
Summary
The recent government administrations and the Bank of Israel (BOI) are determined to obtain and preserve a stable currency and macroeconomic environment, in addition to deepening the financial sector. The BOI plays a key role in liquidity management and absorbing liquidity shocks owing to the uneven development of financial markets. The paper summarizes assessment of Israel's observance of financial sector supervision standards and codes. Israel has relatively well-developed, capable, and transparent financial sector supervision and monetary policy formulation. Insurance and pension reform should be completed.
Subject: Bank supervision, Banking, Financial institutions, Financial markets, Financial regulation and supervision, Insurance, Payment systems, Securities
Keywords: Bank supervision, banking sector, central bank, CR, credit risk, exchange rate, Global, Insurance, interest rate, ISCR, Israeli bank, monetary policy, mutual fund, Payment systems, Securities, securities law
Pages:
89
Volume:
2001
DOI:
Issue:
140
Series:
Country Report No. 2001/140
Stock No:
1ISREA0012001
ISBN:
9781451819472
ISSN:
1934-7685





