United Arab Emirates : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision and Payment Systems

Author/Editor:

International Monetary Fund

Publication Date:

January 27, 2003

Electronic Access:

Free Full text (PDF file size is 2290 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents key findings of the Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems for the United Arab Emirates (UAE). The UAEs financial sector and financial sector supervision are developing unevenly. The financial sector is dominated by well-supervised banks, which pose minimal near-term systemic risk. Although the payment systems are simple and far from state-of-the-art, they are well managed, and systemic risks are limited.

Series:

Country Report No. 03/20

Subject:

English

Publication Date:

January 27, 2003

ISBN/ISSN:

9781451801088/1934-7685

Stock No:

1AREEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

55

Please address any questions about this title to publications@imf.org