Kyrgyz Republic - Financial Sector Assessment

This Financial Sector Assessment (FSA) summarizes the structural and developmental aspects of the 2006 FSAP Update report for the Kyrgyz Republic. The stability and prudential oversight aspects of that report, including the factual updates of ROSCs...

Full description

Bibliographic Details
Main Author: World Bank
Format: Financial Sector Assessment Program (FSAP)
Language:English
Published: Washington, DC 2012
Subjects:
NPL
TAX
Online Access:http://documents.worldbank.org/curated/en/2007/09/8498292/kyrgyz-financial-sector-assessment-update
http://hdl.handle.net/10986/7900
Description
Summary:This Financial Sector Assessment (FSA) summarizes the structural and developmental aspects of the 2006 FSAP Update report for the Kyrgyz Republic. The stability and prudential oversight aspects of that report, including the factual updates of ROSCs and the results of the Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) assessment, are summarized in the Financial System Stability Assessment (FSSA) that was discussed by the IMF Board, as part of the Article IV Consultation, in May 2007. This FSA should be read together with the FSSA in order to get a full sense of the findings and recommendations of the 2006 Kyrgyz Republic FSAP Update. The key conclusion of the FSAP Update is that key challenges today pertain to the regulation, supervision and development of the non bank finance sector, and to access to finance.