IMF Staff Country Reports

United Kingdom: Financial Sector Assessment Program Technical Notes and Detailed Standards Assessments

July 14, 2003

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Format: Chicago

International Monetary Fund. "United Kingdom: Financial Sector Assessment Program Technical Notes and Detailed Standards Assessments", IMF Staff Country Reports 2003, 208 (2003), accessed 12/16/2025, https://doi.org/10.5089/9781451814200.002

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Summary

This technical note reviews the Financial Sector Assessment Program of the United Kingdom. It examines the United Kingdom’s public debt management practices using the IMF-World Bank Guidelines for Public Debt Management as a framework. It analyzes the government’s Code for Fiscal Stability, transparency, accountability, debt strategy, and risk management framework. It also provides a detailed assessment of the antimoney laundering and combating the financing of terrorism regime and compliance of the Basel Core Principles of the United Kingdom.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Banking, Crime, Financial institutions, Financial sector policy and analysis, Financial stability assessment, Government debt management, Insurance companies, Money laundering, Public financial management (PFM)

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), BoE work, CR, Europe, financial market, Financial stability assessment, FSA approach, FSA handbook, FSA oversight, Global, Government debt management, Insurance companies, ISCR, market participant, Money laundering, North America, U.K. financial system, U.K. market, work program