United Kingdom : Financial Sector Assessment Program Technical Notes and Detailed Standards Assessments.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, issuing body.

Series:

IMF Staff Country Reports; Country Report ; No. 2003/208

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Great Britain.

International Monetary Fund.

International trade--Great Britain.

International trade.

Fiscal policy--Great Britain.

Fiscal policy.

Liquidity (Economics).

Debts, Public--Great Britain.

Debts, Public.

Physical Description:

1 online resource (402 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2003.

Language Note:

English

Summary:

This technical note reviews the Financial Sector Assessment Program of the United Kingdom. It examines the United Kingdom’s public debt management practices using the IMF-World Bank Guidelines for Public Debt Management as a framework. It analyzes the government’s Code for Fiscal Stability, transparency, accountability, debt strategy, and risk management framework. It also provides a detailed assessment of the antimoney laundering and combating the financing of terrorism regime and compliance of the Basel Core Principles of the United Kingdom.

Contents:

""Technical Note: Public Debt Management in the United Kingdom""; ""Contents""; ""Introduction""; ""Objectives and Scope of Debt Management""; ""Transparency and Accountability""; ""Institutional Framework""; ""Debt Strategy""; ""Risk Management Framework""; ""Developing and Maintaining an Efficient Market for Government Securities""; ""Overall Assessment""; ""Technical Note: Systemic Liquidity Arrangements in the United Kingdom""; ""Contents""; ""Introduction""; ""Monetary Operating Procedures""; ""Sterling Money Market""; ""Pound Sterling Foreign Exchange Market""

""Technical Note: Financial Stability Implications of London's Role as a Global Markets Trading Center"" ""Contents""; ""Introduction""; ""London's Attraction as a Global Trading Center""; ""Implications of Recent Trends in Global Markets Structure""; ""Potential Linkages for Transmitting Financial Risks Between Global and Sterling Financial Markets""; ""Potential Implications of London's Global Market Activities for U.K. Financial Authorities""; ""Concluding Observations""; ""Technical Note: The Institutional Framework for U.K. Financial Stability Policy""; ""Contents""; ""Introduction""

""Focus, Accountability, and Coordination in the United Kingdom Context"" ""FSMA and the FSA""; ""The Bank of England's Financial Stability Role""; ""Detailed Assessments of Standards and Codes""; ""Contents""; ""LIST OF ACRONYMS AND ABBREVIATIONS""; ""Basel Core Principles for Effective Banking Supervision""; ""IAIS Insurance Core Principles""; ""IOSCO Objectives and Principles of Securities Regulation""; ""CPSS Core Principles for SIPS and Central Bank Responsibilities in Applying The CPS�NEWCHAPS""; ""IMF�s MFP Transparency Code�Transparency of Monetary Policy""

""IMF�s MFP Transparency Code�Transparency of Payment Systems Oversight and Other Financial Stability Functions of the Bank of England"" ""MFP Transparency Code�Transparency of Financial Policies (Financial Services Authority)""; ""Compliance with CPSS/IOSCO Recommendations for Securities Settlement Systems""; ""Assessment of Anti-Money Laundering and Combating the Financing of Terrorism""

Notes:

Corrected: July 2003.

Description based on online resource; title from PDF copyright page (ebrary, viewed September 14, 2015).

ISBN:

9786613738431

9781462391806

146239180X

9781452724386

1452724385

9781280897122

1280897120

9781452711508

145271150X