San Marino: Selected Issues and Statistical Appendix
August 13, 2004
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This Selected Issues paper for San Marino reviews developments in the financial sector and provides an update of the financial sector regulation and supervision. While Sammarinese financial institutions accept foreign deposits and managed funds to a much larger extent than comparators in neighboring regions, there are no mutual funds or international bonds issued under San Marino law unlike the common practice in several international financial centers. There is considerable room to increase the flexibility and innovation needed to remain internationally competitive while maintaining the strengths and soundness of the financial system.
Subject: Administration in revenue administration, Banking, Budget planning and preparation, Economic sectors, Expenditure, Financial sector, Financial services, Public financial management (PFM), Revenue administration
Keywords: Administration in revenue administration, asset float, asset position, Banca delle Marche, bank, break, Budget planning and preparation, CR, Europe, financial institution, Financial sector, GDP, ISCR, net, nonbank financial institutions, Sammarinese bank
Pages:
53
Volume:
2004
DOI:
Issue:
256
Series:
Country Report No. 2004/256
Stock No:
1SMREA0012004
ISBN:
9781451834833
ISSN:
1934-7685
