Euro Area Policies : Financial Sector Assessment Program-Technical Note-Insurance, Investment Firm, and Macroprudential Oversight

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 19, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

While national authorities are still largely responsible for supervising the nonbank sector and applying the macroprudential framework, European Union (EU)-level organizations’ supervisory role is growing. Further convergence and strengthening of supervision of insurers and investment firms is consistent with the goals of an EU single market and financial stability. The macroprudential framework functions well but could be simplified and expanded to cover aspects of the nonbank sector.

Series:

Country Report No. 18/230

Subject:

English

Publication Date:

July 19, 2018

ISBN/ISSN:

9781484369531/1934-7685

Stock No:

1EUREA2018007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

81

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