NEW
Standards and Codes - Implementing the Fund's Medium-Term Strategy and the Recommendations of the 2005 Review of the Initiative

Standards and Codes

Public Information Notice: IMF Executive Board Reviews the Standards and Codes Initiative, August 8, 2005

Public Information Notice: IMF Executive Board Reviews International Standards: Strengthening Surveillance, Domestic Institutions, and International Markets, April 3, 2003

Press Release: IMF Executive Board Approves 12-Month Anti-Money Laundering Pilot Project, November 22, 2002

Policy Papers and Selected News Releases Related to the IMF's Standards Initiative

World Bank ROSCs

See Also:

Financial Sector Assessment Program (FSAP)

Standards and Codes: The Role of the IMF - A Factsheet





Reports on the Observance of Standards and Codes (ROSCs)
Last updated:  Friday, June 21, 2019


ROSCs summarize the extent to which countries observe certain internationally recognized standards and codes. The IMF has recognized 12 areas and associated standards as useful for the operational work of the Fund and the World Bank. These comprise accounting; auditing; anti-money laundering and countering the financing of terrorism (AML/CFT); banking supervision; corporate governance; data dissemination; fiscal transparency; insolvency and creditor rights; insurance supervision; monetary and financial policy transparency; payments systems; and securities regulation; AML/CFT was added in November 2002. Reports summarizing countries' observance of these standards are prepared and published at the request of the member country. They are used to help sharpen the institutions' policy discussions with national authorities, and in the private sector (including by rating agencies) for risk assessment. Short updates are produced regularly and new reports are produced every few years.


[By Country/Area] | [By Date] | [By Topic]
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | Z |

Tajikistan, Republic of
Republic of Tajikistan: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics, Banking Supervision, and Monetary and Financial Policy Transparency (PDF File :650 KB)
Note :Published as part of a Financial System Stability Assessment
December 11, 2008
Republic of Tajikistan: Report on Observance of Standards and Codes - Fiscal Transparency Module (PDF File :530 KB) February 9, 2007
Republic of Tajikistan: Report on Observance of Standards and Codes--Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework (PDF File :939 KB) April 8, 2005

Tanzania
Tanzania: Report on the Observance of Standards and Codes--Data Module, Response by the Authorities, and Detailed Assessments Using Data Quality Assessment Framework (PDF File :1.22 MB) March 23, 2004
Tanzania: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Banking Supervision (PDF File :1.80 MB)
Note :Published as part of a Financial System Stability Assessment
August 6, 2003
Tanzania: Report on the Observance of Standards and Codes--Fiscal Transparency Module (PDF File :657 KB) March 18, 2002

Thailand
Thailand: Report on Observance of Standards and Codes - Fiscal Transparency Module (PDF File :936 KB) August 12, 2009
Thailand: Report on the Observance of Standards and Codes - Data Module, Response by the Authorities, Detailed Assessments Using the Data Quality Assessment Framework (DQAF) (PDF File :798 KB) April 20, 2006

Timor-Leste, Democratic Republic of
Timor-Leste: Report on Observance of Standards and Codes (ROSC)-Fiscal Transparency Module (PDF File :598 KB) November 24, 2010

Trinidad and Tobago
Trinidad and Tobago: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics, Banking Supervision, and Payment Systems (PDF File :633 KB)
Note :Published as part of a Financial System Stability Assessment
February 1, 2006

Tunisia
Tunisia: Report on the Observance of Standards and Codes - Data Module; Response by the Authorities; and Detailed Assessments Using the Data Quality Assessment Framework (PDF File :934 KB) August 9, 2006
Tunisia: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, and Insurance Regulation (PDF File :2.11 MB)
Note :Published as part of a Financial System Stability Assessment
June 17, 2002
Report on the Observance of Standards and Codes: Tunisia -- Update Update January 29, 2001
IMF Report on Observance of Standards and Codes: Tunisia September 30, 1999
Report on the Observance of Standards and Codes: Tunisia -- Update Update January 29, 2001
IMF Report on Observance of Standards and Codes: Tunisia September 30, 1999
Report on the Observance of Standards and Codes: Tunisia -- Update Update January 29, 2001
IMF Report on Observance of Standards and Codes: Tunisia September 30, 1999
Report on the Observance of Standards and Codes: Tunisia -- Update Update January 29, 2001
IMF Report on Observance of Standards and Codes: Tunisia September 30, 1999
Report on the Observance of Standards and Codes: Tunisia -- Update Update January 29, 2001
IMF Report on Observance of Standards and Codes: Tunisia September 30, 1999

Turkey
Turkey: Report on Observance of Standards and Codes - Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF) (PDF File :979 KB) September 14, 2009
Turkey: Report on the Observance of Standards and Codes-Fiscal Transparency Module (PDF File :637 KB) March 24, 2006
Turkey: Report on Observance of Standards and Codes--Fiscal Transparency Module--Update (PDF File :91.8 KB)Update November 25, 2003
Turkey: Report on the Observance of Standards and Codes--Data Module; Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework (PDF File :5.22 MB) March 14, 2002
Report on the Observance of Standards and Codes: Turkey -- Fiscal Transparency June 27, 2000

Data Quality Assessments in Data Module ROSCs

Data Module ROSCs have included a substantial data quality assessment component since early 2001. This assessment is based on the Data Quality Assessment Framework (DQAF). The July 2003 version of the DQAF was introduced at the Fifth Review of the Fund's Data Standards Initiatives. It supersedes earlier versions of the DQAF to reflect experience and developments in international methodological standards and generally accepted good statistical practices. Accordingly, ratings for ROSCs using the July 2003 version of the DQAF are not necessarily directly comparable with ROSCs using earlier versions. The July 2003 version also is now used in Data Module ROSC updates for countries that originally were assessed using earlier versions.