One Year After the 2011 Triennial Surveillance Review - Progress Report

Policy Papers, November 5, 2012

Source details

Canonical URL: One Year After the 2011 Triennial Surveillance Review - Progress Report

Provides a short update on the first year of implementation of the 2011 Triennial Surveillance Review (TSR) in line with the Managing Director’s Statement on Strengthening Surveillance of October 2011.
Does not provide a comprehensive review of surveillance—which will be done in the 2014 TSR.
Purpose: to establish, at an early stage, whether the new operational priorities are being implemented, set out key areas of progress, and discuss the challenges raised in their implementation.
Identifies areas where further efforts may need to be directed—particularly following the change to the legal framework—to ensure even implementation and delivery of effective surveillance.
Recognizes that some measures have been implemented over the past year, while others will take more time to come to fruition.

Early-stage assessment of implementation of the 2011 TSR operational priorities.
Focused update rather than comprehensive surveillance review (the comprehensive review scheduled for the 2014 TSR).

Confirms that some measures from the 2011 TSR have been implemented over the first year.
Sets out specific areas of progress (details provided in the full report).

Discusses challenges raised in implementation of the TSR priorities.
Highlights need for further efforts, especially in light of changes to the legal framework, to ensure even implementation and delivery of effective surveillance.
Notes that several measures will require more time to come to fruition.

Publication date: November 5, 2012
Format references: Download PDF; Preview Citation; Format: Chicago
Subjects: Article IV consultation reports, Bilateral surveillance, External sector, Financial stability, Multilateral surveillance, Surveillance

Source: One Year After the 2011 Triennial Surveillance Review - Progress Report (November 5, 2012).