Central African Economic and Monetary Community: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, and Banking Supervision

International Monetary Fund

No 2006/321, IMF Staff Country Reports from International Monetary Fund

Abstract: This Financial System Stability Assessment on the Central African Economic and Monetary Community (CEMAC) discusses the overall assessment of stability, integration, and development issues of the financial sector. The paper reviews plans to strengthen the prudential and systemic liquidity frameworks and the macroeconomic risks affecting the financial sector. It also provides summary assessments of the Reports on the Observance of Standards and Codes on monetary and financial policy transparency and banking supervision.

Keywords: ISCR; CR; bank; BEAC; monetary policy; market; banking sector; accounting framework; bank liquidity; implementation committee; deposit auction rate; liquidity absorption mechanism; BEAC governor; negative equity; accounting rule; implementation framework; development bank; monetary policy decision; CEMAC government; Capital adequacy requirements; Excess liquidity; Commercial banks; Liquidity management; Africa; Sub-Saharan Africa; West Africa (search for similar items in EconPapers)
Pages: 36
Date: 2006-08-28
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