Czech Republic: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency; Banking Supervision; Insurance Regulation; Securities Regulation; Corporate Governance; and Payment Systems

International Monetary Fund

No 2001/113, IMF Staff Country Reports from International Monetary Fund

Abstract: The resilience of the Czech financial system to macroeconomic shocks and structural weaknesses has strengthened considerably as a result of recent reform efforts. Stress tests indicate that the Czech banking system now shows only moderate vulnerability to market and credit risks. To enable more effective monitoring of the activities of integrated firms and markets, coordination and cooperation between supervisory agencies requires strengthening. Regarding the nonbanking sectors, the adoption of the mutual fund model for pension funds would improve transparency, and needs to be implemented as soon as possible.

Keywords: ISCR; CR; monetary policy; balance sheet; banking sector; liquid asset; state bank; central bank; foreign exchange market; financial system; banking system; Insurance companies; Insurance; Commercial banks; Payment systems; Corporate governance; Global (search for similar items in EconPapers)
Pages: 77
Date: 2001-07-25
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15239 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2001/113

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().