Zimbabwe: Technical Assistance Report-Basel III Implementation
IMF Staff Country Reports, March 2, 2022
Source details
- Canonical URL
- Zimbabwe: Technical Assistance Report-Basel III Implementation
Other formats
Bibliographic details
- Published: March 2, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400201479.002
Summary of mission and scope
- As a follow-up to the 2019 FSSR, a remote TA mission supported the RBZ with the implementation of Basel III liquidity standards.
- The mission reviewed the RBZ drafts of the LCR and NSFR frameworks, discussed identified material gaps with the BSD management and relevant supervisors, and provided many recommendations on enhancing the drafts of liquidity regulations, monitoring tools, reporting templates, and disclosure.
- Further actions for implementing Basel III liquidity standards were agreed with the RBZ.
Key findings and substantive recommendations
- Reviewed RBZ draft frameworks:
- Liquidity Coverage Ratio (LCR) framework (RBZ draft).
- Net Stable Funding Ratio (NSFR) framework (RBZ draft).
- Identified material gaps in the RBZ drafts which were discussed with BSD management and relevant supervisors.
- Recommendations covered:
- Enhancements to liquidity regulations.
- Improvements to monitoring tools.
- Refinements to reporting templates.
- Strengthening disclosure practices.
Actions agreed
- Further actions for implementing Basel III liquidity standards were agreed with the RBZ (no additional action dates or timelines specified in the source).
Subject areas and keywords
- Subject: Asset and liability management; Basel III; Commercial banks; Financial institutions; Financial regulation and supervision; International organization; Liquidity; Liquidity requirements; Liquidity risk; Monetary policy.
- Keywords: authoring department; banking sector indicator; Basel III; Commercial banks; Liquidity; Liquidity requirements; Liquidity risk; liquidity standard; RBZ draft; staff team of the International Monetary Fund.
Content in this bundle
- 1zweea2022002 - Preface