{
  "title": "Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance",
  "publication": "Policy Papers, August 27, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477",
  "canonical": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477",
  "overlayPath": "/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/index.md",
  "summary": "Integration of financial sector issues into bilateral surveillance has been a long-standing challenge. Financial stability is a key component of the domestic and external stability of members and is important for the promotion of the “stable system of exchange rates” envisaged under Article IV.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Integration of financial sector issues into bilateral surveillance has been a long-standing challenge.\n- Financial stability is a key component of the domestic and external stability of members and is important for the promotion of the “stable system of exchange rates” envisaged under Article IV.\n- Although financial sector issues and policies are at the core of the Fund’s surveillance mandate, their effective integration has been a challenge.\n- To address this challenge, it is proposed to adopt a more risk-based approach to financial sector surveillance by making FSAP stability assessments part of Article IV surveillance for members with systemically important financial sectors."
    },
    {
      "heading": "Key findings and observations",
      "content": "- Financial stability contributes directly to both domestic stability and external stability of members.\n- The existing gap lies in effective integration of financial sector assessments into bilateral (Article IV) surveillance."
    },
    {
      "heading": "Policy proposal / Recommendations",
      "content": "- Adopt a more risk-based approach to financial sector surveillance.\n- Make Financial Sector Assessment Program (FSAP) stability assessments part of Article IV surveillance for members with systemically important financial sectors."
    },
    {
      "heading": "Context and related program information",
      "content": "- Document classified under: Policy Papers.\n- The IMF eLibrary offers over 25,000 IMF publications in multiple formats (mentioned on the page).\n- IMF Publications Newsletter: Latest economic research and insights delivered to your inbox each month (mentioned on the page).\n\n---\n\n Content in this bundle\n\n- 082710\n  - 082710 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 082710 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/index.md)",
    "[Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/index.json)",
    "[Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/bundle-manifest.json)",
    "Published: August 27, 2010",
    "Series: Policy Papers",
    "Integration of financial sector issues into bilateral surveillance has been a long-standing challenge.",
    "Financial stability is a key component of the domestic and external stability of members and is important for the promotion of the “stable system of exchange rates” envisaged under Article IV.",
    "Although financial sector issues and policies are at the core of the Fund’s surveillance mandate, their effective integration has been a challenge.",
    "To address this challenge, it is proposed to adopt a more risk-based approach to financial sector surveillance by making FSAP stability assessments part of Article IV surveillance for members with systemically important financial sectors.",
    "Financial stability contributes directly to both domestic stability and external stability of members.",
    "The existing gap lies in effective integration of financial sector assessments into bilateral (Article IV) surveillance.",
    "Adopt a more risk-based approach to financial sector surveillance.",
    "Make Financial Sector Assessment Program (FSAP) stability assessments part of Article IV surveillance for members with systemically important financial sectors.",
    "Document classified under: Policy Papers.",
    "The IMF eLibrary offers over 25,000 IMF publications in multiple formats (mentioned on the page).",
    "IMF Publications Newsletter: Latest economic research and insights delivered to your inbox each month (mentioned on the page).",
    "**_082710**"
  ],
  "related": [
    {
      "title": "_082710",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_082710.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_082710.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_082710.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/index.md",
    "json": "/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/index.json",
    "bundleManifest": "/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4477/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-18T22:03:12.685Z"
}
