Strengthening the Effectiveness of Article VIII, Section 5 / International Monetary Fund.

Format:

Book

Author/Creator:

International Monetary Fund, issuing body, author.

Series:

Policy Papers

Language:

English

Subjects (All):

Banks and banking.

Physical Description:

1 online resource (33 pages).

Place of Publication:

Washington, District of Colombia : International Monetary Fund, 2003.

Contents:

Executive Summary

I. Introduction

II. Members' Obligations under Article VIII, Section 5

A. The Present Framework under Article VIII, Section 5

Types of Information Required under Article VIII, Section 5

Periodicity of Reporting under Article VIII, Section 5

Limitations upon Members' Obligations-Capacity

B. Strengthening the Provision of Information Under Article VIII, Section 5

Expanding the range of information to be provided

Data Revisions and Misreporting under Article VIII, Section 5

Application of Article VIII, Section 5 in the context of use of Fund resources

III. A Framework for Remedial Action

A. Remedies and Sanctions in Cases of Misreporting

B. Framework for Remedial Measures and Sanctions

Procedures for Addressing Breaches of Obligation

Remedies and Sanctions

Publication

Resource Implications and Transition Period

IV. Issues for Discussion

Text Boxes

1. Recent Cases Involving Article VIII, Section 5

2. Article VIII, Section 5. Furnishing of information

3. Article XXV1, Section 2, Compulsory withdrawal

4. Additional Information Required Under Proposal to Strengthen the Effectiveness of Article VIII, Section 5

Chart 1. Proposed Framework for Remedial Action uUnder Article VIII, Section 5.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781498370011

1498370012