FMA: IMF NZ FSAP Assessment 2017

Thursday 11 May 17 2:40pm
Financial Markets Authority: IMF NZ FSAP Assessment 2017. The FMA today welcomes the publication of the International Monetary Fund’s Financial System Stability Assessment (FSSA) for New Zealand.

The FSSA is the IMF’s headline report from their 2016 review of New Zealand’s financial system. This review is known as a Financial Sector Assessment Program (FSAP) and included two IMF missions in August and November 2016.  Detailed documentation was examined and meetings held with the FMA, the Reserve Bank, MBIE and the Treasury.  The IMF teams also met with industry participants and trade associations.

Alongside the FSSA, the IMF is intending to publish several supporting documents from the FSAP covering the specific areas that the review focused on - banking, insurance, securities regulation, crisis management, financial markets infrastructure and macro-prudential policy. More> 

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The Financial Services Council (FSC) represents investment and life insurance companies in New Zealand.

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