Mexico: Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking
IMF Staff Country Reports, May 15, 2007
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- Mexico: Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking
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Bibliographic details
- Published: May 15, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825756.002
Key findings on reforms and modernization
- Reforms implemented encompassed the legal framework, operational arrangements, and information systems, as well as transparency and information disclosure aspects.
- There has been a significant modernization of the regulatory framework.
- Improvement of interagency coordination has been achieved.
- Significant steps have been taken toward consolidated supervision.
Remaining needs and policy recommendations
- There is a need to strengthen the Secretary of Finance and Public Credit’s (SHCP) role in designing medium- and long-term development strategies for the financial sector attuned to evolving market realities.
Subject coverage and keywords
- Subject: Consolidated banking supervision, Financial markets, Financial regulation and supervision, Financial sector development, Legal support in revenue administration, Organization of revenue administration, Revenue administration
- Keywords: bank bank, BOM, BOM concern, CNBV, CNSF, CNSF staff, Consolidated banking supervision, CR, development bank, Financial sector development, ISCR, Legal support in revenue administration, Organization of revenue administration, SHCP, SHCP appointee, SHCP leadership
Publication metadata and identifiers
- Publication date: May 15, 2007
- Pages: 17
- Volume: 2007
- Issue: 167
- Series: Country Report No. 2007/167
- DOI: https://doi.org/10.5089/9781451825756.002
- Stock No: 1MEXEA2007006
- ISBN: 9781451825756
- ISSN: 1934-7685
International Monetary Fund. Mexico: Financial Sector Assessment Program Update: Technical Note: Organizational Arrangements for Effective Financial System Regulation, Supervision and Policymaking (IMF Staff Country Reports 2007, 167).