1.

Record Nr.

UNINA9910151745003321

Titolo

Morocco : : Technical Note-Macroprudential Policy: Institutional Arrangements and Instruments

Pubbl/distr/stampa

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

ISBN

9781475546101

1475546106

9781475546200

1475546203

Descrizione fisica

1 online resource (29 pages) : illustrations

Collana

IMF Staff Country Reports

Disciplina

338.964

Soggetti

Economic development - Morocco

Banks and Banking

Finance: General

Macroeconomics

Money and Monetary Policy

General Financial Markets: Government Policy and Regulation

Financial Markets and the Macroeconomy

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Finance

Banking

Monetary economics

Macroprudential policy

Financial sector stability

Systemic risk

Financial sector risk

Financial sector policy and analysis

Credit

Money

Financial risk management

Economic policy

Financial services industry

Banks and banking



Morocco

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Morocco in the area of macroprudential policy, which can play an important role in mitigating financial stability risks in Morocco. The institutional framework is sound, but could be further strengthened. The current institutional setup comprising the Systemic Risk Surveillance and Coordination Committee provides a good framework, but remaining gaps could undermine its ability and willingness to act. Bank Al-Maghrib has recently taken important steps to advance financial stability analysis and develop a macroprudential policy framework. A risk mapping framework is now in place, a Financial Stability Report is now produced, and stress testing has been fine-tuned.