## Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance-Background Material

_Policy Papers, August 31, 2010_

## Source details

**Canonical URL:** [Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillance-Background Material](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4478)

## Other formats

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## Bibliographic details
- Published: August 31, 2010
- Series: Policy Papers

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### Purpose and scope
- Presents the staff analysis underpinning two central elements of the proposal to make financial stability assessments under the FSAP mandatory for members with systemically important financial sectors.
- Covers:
  - the definition of systemic importance used in the paper and the methodology for identifying members with systemically important financial sectors (Section II); and
  - the review of the literature and industry practices that form the basis for the staff proposal to conduct these mandatory financial stability assessments at a frequency of about three years (Section III).

### Key analytical elements
- Definition and identification methodology (Section II)
  - Sets out the definition of systemic importance used by staff.
  - Describes the methodology for identifying members with systemically important financial sectors.
- Frequency rationale (Section III)
  - Reviews academic literature and industry practices.
  - Forms the basis for the staff proposal to conduct mandatory financial stability assessments at a frequency of about three years.

### Summary findings and implications
- Core proposition:
  - Make financial stability assessments under the FSAP mandatory for members with systemically important financial sectors.
- Analytical foundation:
  - Combines a defined measure of systemic importance with a replicable methodology for identification (Section II).
  - Relies on a literature and practice review to justify a roughly three-year assessment cycle (Section III).

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## Content in this bundle

- **_082710a**
  - [_082710a (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_082710a.pdf.md){rel="alternate" type="text/markdown"}
  - [_082710a (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_082710a.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/integrating-stability-assessments-under-the-financial-sector-assessment-program-into-pp4478_