Solomon Islands:Technical Assistance Report-Central Bank Risk Management

Author: International Monetary Fund. Monetary and Capital Markets Department

Technical Assistance Report-Central Bank Risk Management

Volume/Issue: Volume 2022 Issue 327

Publication date: October 2022

ISBN: 9798400223808

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Money and Monetary Policy , International - Economics , CBSI risk governance , CBSI Risk Appetite Statement , sub Risk Management Unit , CBSI risk management framework , CBSI leadership team , Operational risk , Central bank risk management

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Summary

At the request of the Central Bank of Solomon Islands (CBSI), a Monetary and Capital Markets Department (MCM) mission provided technical assistance on central bank risk management during the period August–September 2021. The mission comprised Mr. Paul Woods (Central Bank of Ireland) and Mr. Chris Aylmer (formerly with the Reserve Bank of Australia), under supervision of Mr. Ashraf Khan (MCM, Central Bank Operations Division) The purpose of the mission was to guide the CBSI on how to establish an Enterprise Risk Management (ERM) framework. The mission focused in particular on establishing a strengthened risk culture throughout the organization, and strengthening risk governance - including the role of the CBSI’s risk management unit.