Ireland : Financial Sector Assessment Program: Technical Note-Macroprudential Policy Framework.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2016/316

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Ireland.

International Monetary Fund.

Banks and banking--State supervision--Ireland.

Banks and banking.

Monetary unions--Ireland.

Monetary unions.

Physical Description:

1 online resource (31 pages) : illustrations, tables.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2016.

Summary:

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Ireland in the area of the macroprudential policy framework. The current institutional arrangement in Ireland is appropriate for effective macroprudential policy and in line with IMF guidance. The Central Bank of Ireland’s analysis of systemic vulnerabilities is sophisticated and timely. The central bank has been introducing a range of macroprudential instruments to contain a buildup of systemic risk in the financial system. Ireland’s boom-bust experience amply demonstrates the need for forward-looking action to head off incipient financial problems.

Notes:

Includes bibliographical references.

Description based on online resource; title from PDF title page (ebrary, viewed November 3, 2016).

ISBN:

9781475542387

1475542380

OCLC:

960977008