Nepal: Technical Assistance Report—Financial Sector Stability Review

Nepal: Technical Assistance Report—Financial Sector Stability Review
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Volume/Issue: Volume 2023 Issue 344
Publication date: October 2023
ISBN: 9798400255793
$20.00
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Summary

The mission conducted a diagnostic review of the financial sector oversight capacity and proposed a Technical Assistance Roadmap (TARM) to support the authorities’ efforts to strengthen the identification, analysis, and mitigation of risks to financial stability in Nepal. Two modules were undertaken: (i) the financial stability module, focused on areas agreed with the NRB during the scoping stage: banking supervision and regulation, stress testing, crisis management, payment systems, and financial inclusion; and (ii) the financial sector statistics module, focused on key data gaps hampering financial stability analysis, as well as statistical reporting to the IMF’s STA.