European Parliament Library

Morocco :, Financial System Stability Assessment: Update

Abstract
This paper presents an update to the Financial System Stability Assessment on Morocco. Major reforms have been achieved since the 2002 Financial Sector Assessment Program (FSAP) within a policy of actively promoting economic and financial sector opening. The 2002 FSAP recommendations have been largely implemented. Although the financial system is stable and considerably more robust than in the past, the liberalization of capital flows and increased exchange rate flexibility present challenges for the monetary authorities, financial regulators, financial institutions, and markets
Table Of Contents
Cover; Contents; Glossary; Executive Summary; Tables; 1. Recommendations and Action Plan; I. Macroeconomic Environment; II. Structure of the Financial System; III. Banking Sector Performance, Soundness and Vulnerability; IV. Banking Supervision, Corrective Measures, and Deposit Guarantee; V. Stress Tests; VI. Capital Account Liberalization; VII. Increased Openness of the Economy: Implications for Liquidity and Macroeconomic Risk Management; Boxes; Operational Framework of Bank Al-Maghrib; VIII. Nonbank Financial Institutions; IX. Insurance Sector; X. Capital Markets
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (42 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781280888410

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