{
  "title": "The Republic of Latvia: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics: Banking Supervision; Payment Systems; Securities Regulation; Insurance Regulation; Corporate Governance; and Monetary and Financial Policy Transparency",
  "publication": "IMF Staff Country Reports, March 22, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/the-republic-of-latvia-financial-system-stability-assessment-including-reports-on-observance-15741",
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  "summary": "This paper presents key findings of Latvia’s Financial System Stability Assessment, including Reports on Observance of Standards and Codes on Banking Supervision; Payment Systems; Securities Regulation; Insurance Regulation; Corporate Governance; and Monetary and Financial Policy Transparency.",
  "sections": [
    {
      "heading": "Key findings and assessment",
      "content": "- The assessment reveals that the banking system of Latvia is well capitalized, profitable, and liquid following its recovery from the effects of the Russian crisis in 1998.\n- A notable feature of the financial system is the significant share of nonresident deposits and foreign equity in the banking system and nonresident investment in the securities market."
    },
    {
      "heading": "Scope and content",
      "content": "- Presents key findings of Latvia’s Financial System Stability Assessment.\n- Includes Reports on Observance of Standards and Codes on:\n  - Banking Supervision\n  - Payment Systems\n  - Securities Regulation\n  - Insurance Regulation\n  - Corporate Governance\n  - Monetary and Financial Policy Transparency"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects: Banking, Commercial banks, Credit, Financial institutions, Financial markets, Financial regulation and supervision, Insurance companies, Money, Payment systems, Securities markets\n- Keywords: Baltics, banking system, capital market, central bank, CR, Credit, exchange rate, foreign exchange, Insurance companies, investment funds, ISCR, joint stock, liquidity ratio, monetary policy, Payment systems, Securities markets\n\nIMF Staff Country Reports — The Republic of Latvia: Financial System Stability Assessment (March 22, 2002).\n\n---\n\n Content in this bundle\n\n- cr0267\n  - cr0267 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0267 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 22, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451824537.002",
    "The assessment reveals that the banking system of Latvia is well capitalized, profitable, and liquid following its recovery from the effects of the Russian crisis in 1998.",
    "A notable feature of the financial system is the significant share of nonresident deposits and foreign equity in the banking system and nonresident investment in the securities market.",
    "Presents key findings of Latvia’s Financial System Stability Assessment.",
    "Includes Reports on Observance of Standards and Codes on:",
    "Subjects: Banking, Commercial banks, Credit, Financial institutions, Financial markets, Financial regulation and supervision, Insurance companies, Money, Payment systems, Securities markets",
    "Keywords: Baltics, banking system, capital market, central bank, CR, Credit, exchange rate, foreign exchange, Insurance companies, investment funds, ISCR, joint stock, liquidity ratio, monetary policy, Payment systems, Securities markets",
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