{
  "title": "Guidance Note for Staff on Undertaking Targeted (Risk-Based) Reports on the Observance of Standards and Codes (ROSCs) in Financial Regulation and Supervision",
  "publication": "Policy Papers, October 6, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/guidance-note-for-staff-on-undertaking-targeted-risk-based-reports-on-the-observance-of-pp4684",
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  "summary": "In September 2009, the International Monetary Fund (IMF) and the World Bank (WB) Boards approved changes to the Financial Sector Assessment Program (FSAP) to (i) make it more flexible and better-aligned with country needs as well as IMF and WB financial sector priorities and core responsibilities; (",
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      "heading": "Background and purpose",
      "content": "- In September 2009, the International Monetary Fund (IMF) and the World Bank (WB) Boards approved changes to the Financial Sector Assessment Program (FSAP).\n- Objectives of the FSAP changes:\n  - (i) make it more flexible and better-aligned with country needs as well as IMF and WB financial sector priorities and core responsibilities;\n  - (ii) enhance the quality, candor, and comparability of assessments; and\n  - (iii) better-integrate FSAP analysis into the institutions’ evolving mandates."
    },
    {
      "heading": "Summary of scope and emphasis",
      "content": "- The guidance note is oriented to IMF staff undertaking targeted (risk-based) ROSCs in financial regulation and supervision, within the context of the updated FSAP.\n- Emphasis points:\n  - Flexibility and alignment with country needs and institutional priorities.\n  - Enhanced quality, candor, and comparability of assessments.\n  - Better integration of FSAP analysis into evolving institutional mandates."
    },
    {
      "heading": "Subject tags (as listed on the page)",
      "content": "- Bank regulations\n- Bank supervision\n- Financial sector\n- Financial Sector Assessment Program\n- Reports on the Observance of Standards and Codes"
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      "heading": "Related publication/promotional elements shown on page",
      "content": "- Policy Papers (site section)\n- Invitation to Visit the IMF eLibrary: \"Our eLibrary offers over 25,000 IMF publications in multiple formats.\"\n- IMF Publications Newsletter: \"Latest economic research and insights delivered to your inbox each month.\"\n\nSource: Guidance Note for Staff on Undertaking Targeted (Risk-Based) Reports on the Observance of Standards and Codes (ROSCs) in Financial Regulation and Supervision — https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/guidance-note-for-staff-on-undertaking-targeted-risk-based-reports-on-the-observance-of-pp4684\n\n---\n\n Content in this bundle\n\n- 100510c - Sections 1 and 2\n  - 100510c - Sections 1 and 2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 100510c - Sections 1 and 2 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/guidance-note-for-staff-on-undertaking-targeted-risk-based-reports-on-the-observance-of-pp4684"
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    "Published: October 6, 2010",
    "Series: Policy Papers",
    "Stock No: ISBN",
    "In September 2009, the International Monetary Fund (IMF) and the World Bank (WB) Boards approved changes to the Financial Sector Assessment Program (FSAP).",
    "Objectives of the FSAP changes:",
    "The guidance note is oriented to IMF staff undertaking targeted (risk-based) ROSCs in financial regulation and supervision, within the context of the updated FSAP.",
    "Emphasis points:",
    "Bank regulations",
    "Bank supervision",
    "Financial sector",
    "Financial Sector Assessment Program",
    "Reports on the Observance of Standards and Codes",
    "Policy Papers (site section)",
    "Invitation to Visit the IMF eLibrary: \"Our eLibrary offers over 25,000 IMF publications in multiple formats.\"",
    "IMF Publications Newsletter: \"Latest economic research and insights delivered to your inbox each month.\"",
    "**_100510c - Sections 1 and 2**"
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