{
  "title": "Germany: Report on the Observance of Standards and Codes (ROSC)",
  "publication": "IMF Staff Country Reports, July 12, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/germany-report-on-the-observance-of-standards-and-codes-rosc-25032",
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  "summary": "This paper presents the report on observance of standards and codes (ROSC) for the financial sector prepared in connection with the financial sector assessment program (FSAP).",
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      "heading": "Overview",
      "content": "- This paper presents the report on observance of standards and codes (ROSC) for the financial sector prepared in connection with the financial sector assessment program (FSAP).\n- Germany’s essential solid institutional frameworks for macroeconomic policies are overviewed."
    },
    {
      "heading": "Scope and Standards Covered",
      "content": "- The FSAP assessment covers:\n  - the Basel Core Principles for effective banking,\n  - the International Association of Insurance Supervisors (IAIS) principles for regulation,\n  - the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation,\n  - the Committee on Payment and Settlement Systems (CPSS),\n  - IOSCO Recommendations for Central Counterparts."
    },
    {
      "heading": "Subjects and Key Topics",
      "content": "- Subjects listed:\n  - Banking\n  - Financial crises\n  - Financial institutions\n  - Financial sector policy and analysis\n  - Financial services\n  - Insurance companies\n  - Legal support in revenue administration\n  - Revenue administration\n  - Stress testing\n- Keywords (as provided):\n  - b. BaFin, capital market, central bank, clearing member, CR, credit risk, Europe, exchange market, financial crisis, financial market, Global, Insurance companies, ISCR, Legal support in revenue administration, market participant, rule-making function, Stress testing\n\n---\n\n Content in this bundle\n\n- GERMANY — Report on Observance of Standards and Codes\n  - GERMANY — Report on Observance of Standards and Codes (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - GERMANY — Report on Observance of Standards and Codes (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 12, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455299744.002",
    "This paper presents the report on observance of standards and codes (ROSC) for the financial sector prepared in connection with the financial sector assessment program (FSAP).",
    "Germany’s essential solid institutional frameworks for macroeconomic policies are overviewed.",
    "The FSAP assessment covers:",
    "Subjects listed:",
    "Keywords (as provided):",
    "**GERMANY — Report on Observance of Standards and Codes**"
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