04181oam 22010454 450 991015174500332120250426110752.09781475546101147554610697814755462001475546203(CKB)3710000000952156(MiAaPQ)EBC4745288(IMF)1MAREA20160071MAREA2016007(EXLCZ)99371000000095215620020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierMorocco : Technical Note-Macroprudential Policy: Institutional Arrangements and InstrumentsWashington, D.C. :International Monetary Fund,2016.1 online resource (29 pages) illustrationsIMF Staff Country Reports9781475545999 1475545991 Includes bibliographical references.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.IMF Staff Country Reports; Country Report ;No. 2016/330Economic developmentMoroccoBanks and BankingimfFinance: GeneralimfMacroeconomicsimfMoney and Monetary PolicyimfGeneral Financial Markets: Government Policy and RegulationimfFinancial Markets and the MacroeconomyimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfFinanceimfBankingimfMonetary economicsimfMacroprudential policyimfFinancial sector stabilityimfSystemic riskimfFinancial sector riskimfFinancial sector policy and analysisimfCreditimfMoneyimfFinancial risk managementimfEconomic policyimfFinancial services industryimfBanks and bankingimfMoroccoimfEconomic developmentBanks and BankingFinance: GeneralMacroeconomicsMoney and Monetary PolicyGeneral Financial Markets: Government Policy and RegulationFinancial Markets and the MacroeconomyBanksDepository InstitutionsMicro Finance InstitutionsMortgagesMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralFinanceBankingMonetary economicsMacroprudential policyFinancial sector stabilitySystemic riskFinancial sector riskFinancial sector policy and analysisCreditMoneyFinancial risk managementEconomic policyFinancial services industryBanks and banking338.964DcWaIMFBOOK9910151745003321Morocco1237363UNINA