TY - BOOK ED - International Monetary Fund. TI - Iceland: Financial System Stability Assessment Update, including Report on the Observance and Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, Securities Regulation, Payment Systems, and Monetary and Financial Policy Transparency T2 - IMF Staff Country Reports, Country Report SN - 1451819277 : SN - 1934-7685 PY - 2003/// CY - Washington, D.C. PB - International Monetary Fund KW - Banking KW - imf KW - Commercial Banks KW - Financial System Stability Assessment KW - Reports on the Observance of Standards and Codes KW - Savings Banks KW - Iceland N2 - The 2001 financial system stability assessment identified risks of financial sector instability, as rapid increases in foreign and domestic currency indebtedness, accumulating external imbalances, and inflation accompanied Iceland's expansion of the late 1990s. The insurance sector, composed of 15 domestic insurance companies including four life insurance companies and three larger companies that dominate the nonlife market, is the smallest sector in the financial system. The authorities monitor banks' long-term foreign exchange refunding needs and the outcomes of refunding operations UR - http://elibrary.imf.org/view/IMF002/03220-9781451819274/03220-9781451819274/03220-9781451819274.xml UR - http://www.imfbookstore.org/IMFORG/9781451819274 ER -