Independent Evaluation Office - Evaluation of the Financial Sector Assessment Program (FSAP)

This evaluation assesses the effectiveness of the Financial Sector Assessment Program (FSAP) from the perspective of the IMF.
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Volume/Issue: Volume 2006 Issue 026
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Business and Economics , Finance , PP , FSAP exercise , country authorities , FSAP assessment , FSAP process , FSAP recommendation , FSAP result , FSAP team , article IV , financial system , Financial Sector Assessment Program , Financial sector , Financial sector risk , Financial sector stability , Stress testing , Global , Africa

Summary

This evaluation assesses the effectiveness of the Financial Sector Assessment Program (FSAP) from the perspective of the IMF. A parallel evaluation by the World Bank’s OED assesses the World Bank’s role. The FSAP was established in 1999 to provide advice to strengthen the financial systems of member countries by facilitating early detection of financial sector vulnerabilities and helping to identify financial sector development needs