{
  "title": "A Macrofinancial Approach to Supervisory Standards Assessments",
  "publication": "Policy Papers, August 18, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/a-macrofinancial-approach-to-supervisory-standards-assessments-pp4895",
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  "summary": "Standards assessments serve several important objectives but are not well integrated into Fund surveillance. Financial standards assessments, when undertaken in the context of FSAPs, are used to identify weaknesses in financial regulation and supervision, or other areas covered by international stan",
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    {
      "heading": "Overview",
      "content": "- Standards assessments serve several important objectives but are not well integrated into Fund surveillance.\n- Financial standards assessments, when undertaken in the context of FSAPs, are used to identify weaknesses in financial regulation and supervision, or other areas covered by international standards.\n- The weaknesses identified in standards assessments are not specifically linked to the risks and vulnerabilities facing the financial sector.\n- Conversely, the analysis of country-specific vulnerabilities in the FSAP does not contribute to targeting the standard assessment effort, since the assessment must be exhaustive and cover the entire standard."
    },
    {
      "heading": "Key findings",
      "content": "- Standards assessments identify regulatory and supervisory weaknesses but lack linkage to country-specific financial risks and vulnerabilities.\n- FSAP vulnerability analysis remains separate from standards assessments because assessments are required to be exhaustive and cover the entire standard."
    },
    {
      "heading": "Implications for surveillance and assessment design",
      "content": "- The current separation between standards assessments and FSAP vulnerability analysis limits the ability to prioritize supervisory standards work according to macrofinancial risks.\n- Exhaustive coverage requirements for standards assessments prevent targeted focusing based on country-specific vulnerabilities identified in FSAPs."
    },
    {
      "heading": "Publication and metadata",
      "content": "- Publication title: A Macrofinancial Approach to Supervisory Standards Assessments\n- Publication date: August 18, 2014\n- Format indicated on page: Download PDF\n- Subjects listed: Financial Sector Assessment Program, Standards and codes, Surveillance, Transparency\n- Citation shown on page: A Macrofinancial Approach to Supervisory Standards Assessments, (USA: International Monetary Fund, 0) accessed 9/18/2026\n\nSource: A Macrofinancial Approach to Supervisory Standards Assessments (IMF web landing page).\n\n---\n\n Content in this bundle\n\n- A Macrofinancial Approach to supervisory Standards Assessments; Background Paper; August 18, 2014\n  - A Macrofinancial Approach to supervisory Standards Assessments; Background Paper; August 18, 2014 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - A Macrofinancial Approach to supervisory Standards Assessments; Background Paper; August 18, 2014 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/a-macrofinancial-approach-to-supervisory-standards-assessments-pp4895"
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    "Published: August 18, 2014",
    "Series: Policy Papers",
    "Stock No: ISBN",
    "Standards assessments serve several important objectives but are not well integrated into Fund surveillance.",
    "Financial standards assessments, when undertaken in the context of FSAPs, are used to identify weaknesses in financial regulation and supervision, or other areas covered by international standards.",
    "The weaknesses identified in standards assessments are not specifically linked to the risks and vulnerabilities facing the financial sector.",
    "Conversely, the analysis of country-specific vulnerabilities in the FSAP does not contribute to targeting the standard assessment effort, since the assessment must be exhaustive and cover the entire standard.",
    "Standards assessments identify regulatory and supervisory weaknesses but lack linkage to country-specific financial risks and vulnerabilities.",
    "FSAP vulnerability analysis remains separate from standards assessments because assessments are required to be exhaustive and cover the entire standard.",
    "The current separation between standards assessments and FSAP vulnerability analysis limits the ability to prioritize supervisory standards work according to macrofinancial risks.",
    "Exhaustive coverage requirements for standards assessments prevent targeted focusing based on country-specific vulnerabilities identified in FSAPs.",
    "Publication title: A Macrofinancial Approach to Supervisory Standards Assessments",
    "Publication date: August 18, 2014",
    "Format indicated on page: Download PDF",
    "Subjects listed: Financial Sector Assessment Program, Standards and codes, Surveillance, Transparency",
    "Citation shown on page: A Macrofinancial Approach to Supervisory Standards Assessments, (USA: International Monetary Fund, 0) accessed 9/18/2026",
    "**A Macrofinancial Approach to supervisory Standards Assessments; Background Paper; August 18, 2014**"
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