Belgium: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Securities Regulation, Insurance Supervision and Regulation, and Securities Settlement Systems

International Monetary Fund

No 2006/075, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses key findings of the Financial System Stability Assessment (FSSA) and Reports on the Observance of Standards and Codes (ROSC) on Banking Supervision, Securities Regulation, Insurance Supervision and Regulation, and Securities Settlement Systems for Belgium. The assessment reveals that overall, the financial system is generally sound, resilient to potential adverse shocks, and well supervised. Risks both on the international level and domestically appear well within the banks’ capacity to manage them and are well understood by the supervisor and overseer of the system.

Keywords: ISCR; CR; holding company; financial condition; N.A; return on equity; yield curve; savings ratio; CBFA cooperation; holdings of equities; bancassurance group; loan portfolio; banking activity; Insurance companies; Insurance; Stress testing; Financial sector stability; Pension spending; Global (search for similar items in EconPapers)
Pages: 64
Date: 2006-03-01
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