United Arab Emirates: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision and Payment Systems
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the United Arab Emirates (UAE). The UAEs financial sector and financial sector supervision are developing unevenly. The financial sector is dominated by well-supervised banks, which pose minimal near-term systemic risk. Although the payment systems are simple and far from state-of-the-art, they are well managed, and systemic risks are limited.
Series:
Country Report No. 2003/020
Subject:
Bank legislation Bank supervision Banking Commercial banks Financial institutions Financial markets Financial regulation and supervision Foreign banks Payment systems
English
Publication Date:
January 27, 2003
ISBN/ISSN:
9781451801088/1934-7685
Stock No:
1AREEA0012003
Pages:
55
Please address any questions about this title to publications@imf.org