TY - BOOK AU - Meza,Mynor AU - Delgado,Fernando L. AU - Meza,Mynor TI - Developments in Financial Supervision and the Use of Macroprudential Measures in Central America T2 - IMF Working Papers; Working Paper SN - 1463927851 : SN - 1018-5941 PY - 2011/// CY - Washington, D.C. PB - International Monetary Fund KW - Banking Supervision KW - imf KW - Banking KW - Basel III KW - Consolidated Supervision KW - Financial Regulation KW - Financial Supervision KW - Costa Rica KW - Dominican Republic KW - El Salvador KW - Guatemala KW - Panama N2 - 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 UR - http://elibrary.imf.org/view/IMF001/12380-9781463927851/12380-9781463927851/12380-9781463927851.xml UR - http://www.imfbookstore.org/IMFORG/9781463927851 ER -