In-depth financial sector assessment programs (FSAPs) are part of IMF supervision and are generally regarded as external, independent and market-recognised assessments of the stability and strength of a member state’s financial sector. Two FSAPs have been conducted in the Czech Republic: in November–December 2000 and in October–December 2011.
- The 2011 FSAP focused on assessing banking sector stability, the supervisory and regulatory framework (including compliance with international standards – the Core Principles for Effective Banking Supervision, BCP) and crisis management and financial safety nets, and on examining the situation of credit unions. The result is a detailed report assessing compliance with the BCP and background analytical studies:
- Basel Core Principles for Effective Banking Supervision: Detailed Assessment of Observance (pdf, 873 kB)
- Technical Note – Macroprudential Policy Framework (pdf, 702 kB)
- Technical Note – Selected Issues on the Credit Union Sector (pdf, 728 kB)
- Technical Note – Crisis Management and Bank Resolution Framework (pdf, 809 kB)
- Technical Note – Stress Testing the Banking Sector (pdf, 987 kB)
- A summary of the results of the report on observance of standards and codes is contained in Czech Republic – Financial System Stability Assessment (pdf, 663 kB)
- All outputs were published by the IMF and are also available at http://www.imf.org.
- The 2000 assessment was conducted jointly by the International Monetary Fund and the World Bank. The result was the Assessment of Observance with Six Key International Standards and Codes (pdf, 1.21 MB).
- A summary of the results of the report on observance of standards and codes is contained in Czech Republic - Financial System Stability Assessment (pdf, 3.48 MB), which was published by the IMF and is also available at www.imf.org.