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Meza, Mynor.

Developments in Financial Supervision and the Use of Macroprudential Measures in Central America Mynor Meza. [electronic resource] / Mynor Meza. - Washington, D.C. : International Monetary Fund, 2011. - 1 online resource (29 p.) - IMF Working Papers; Working Paper ; No. 11/299 . - IMF Working Papers; Working Paper ; No. 11/299 .

Improvements in financial regulation and supervision in the Central American region (CAPDR) have strengthened financial stability. Prudential instruments with potential macroeconomic effects have been introduced. Nonetheless, compared with the larger Latin American and selected industrial countries, there is still important scope for CAPDR to enhance financial supervision and regulation. Based on two surveys, and the analysis of the Basel Core Principles, the paper determines that some weaknesses exist in risk-based supervision, and that macroprudential measures have scarcely been deployed.

ISBN: 1463927851 : 18.00 USD

ISSN: 1018-5941

Standard No.: 10.5089/9781463927851.001 doi

Subjects--Topical Terms:
Banking Supervision
Banking
Basel III
Consolidated Supervision
Financial Regulation
Financial Supervision

Subjects--Geographic Terms:
Costa Rica
Dominican Republic
El Salvador
Guatemala
Panama