Somalia:Technical Assistance Report-Bank Supervision and Regulation

Author: International Monetary Fund. Monetary and Capital Markets Department

Technical Assistance Report-Bank Supervision and Regulation

Volume/Issue: Volume 2021 Issue 068

Publication date: March 2021

ISBN: 9781513575834

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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 , risk rating system , audit report , bank ownership , Somali bank , banks in Somalia , bank's governance , CBS management , CBS directive , Mobile banking , Islamic banking , Bank licensing , Commercial banks , Bank regulation

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Summary

The purpose of the missions of Phase I was to develop a functional central bank, including establishing a modern banking supervisory regime. Especially, MCM provided TA missions under the Phase I that have focused on operationalizing banking license capacity, development of on and offsite supervisory capability, and other relevant areas.