Republic of Korea : Financial Sector Assessment Program-Technical Note-Macroprudential Policy Frameworks and Tools.

Past experience with financial crises places systemic risk oversight at the core of Korea's approach to the financial system. The Korean authorities have amassed over a decade of experience with macroprudential policies. They have put in place rigorous and sophisticated processes for risk monit...

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সংস্থা লেখক: International Monetary Fund. Monetary and Capital Markets Department
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 2020.
মালা:IMF Staff Country Reports; Country Report ; No. 2020/277
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:Past experience with financial crises places systemic risk oversight at the core of Korea's approach to the financial system. The Korean authorities have amassed over a decade of experience with macroprudential policies. They have put in place rigorous and sophisticated processes for risk monitoring. They publish first-rate analysis. And they have actively developed measures to mitigate risks to the financial system-notably from FX exposures, and from household indebtedness-as circumstances have changed. But their system has evolved to be highly complex, which poses challenges for coordination, communication, and transparency; moreover, their toolkit needs to be extended. These areas should be the focus of efforts to strengthen the policy framework.
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দৈহিক বর্ননা:1 online resource (67 pages)
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আইএসএসএন:1934-7685
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