TY - BOOK ED - International Monetary Fund. TI - Republic of Madagascar: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, and Anti-Money Laundering T2 - IMF Staff Country Reports, Country Report SN - 1451825390 : SN - 1934-7685 PY - 2006/// CY - Washington, D.C. PB - International Monetary Fund KW - Anti-Money Laundering KW - imf KW - Bank Supervision KW - Central Banks KW - Financial Soundness Indicators KW - Financial System Stability Assessment KW - Reports on the Observance of Standards and Codes N2 - The insurance sector is underdeveloped and has been inadequately supervised to date, as the regulator lacks the requisite independence, skills, and resources. The three public pension systems, which cover less than 10 percent of the active population, appear to be fiscally unsustainable. The banking regulatory and supervisory framework is broadly adequate, although implementation and enforcement need further strengthening. The weak financial position of the Central Bank of Madagascar (BCM) could undermine macroeconomic and financial policies and contribute to economic and financial instability UR - http://elibrary.imf.org/view/IMF002/05832-9781451825398/05832-9781451825398/05832-9781451825398.xml UR - http://www.imfbookstore.org/IMFORG/9781451825398 ER -