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Report On The Observance Of Standards And Codes
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Book Synopsis Mexico: Report on the Observance of Standards and Codes—Data Module by : International Monetary
Download or read book Mexico: Report on the Observance of Standards and Codes—Data Module written by International Monetary and published by International Monetary Fund. This book was released on 2021-12-22 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report on the Observance of Standards and Codes—Data Module (Data ROSC) updates assessments conducted in 2010 and 2015. The updated assessments are based on the May 2012 version of the IMF’s Data Quality Assessment Framework (DQAF) and cover the national accounts, government finance, and external sector statistics. The National Institute of Statistics and Geography (INEGI) is responsible for the national accounts, the Secretariat of Finance and Public Credit (SHCP) for the government finance statistics (except for data on state and local governments, which are the responsibility of INEGI), and the Bank of Mexico (BM) for the external sector statistics.
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :International Monetary Fund ISBN 13 :1484346750 Total Pages :55 pages Book Rating :4.4/5 (843 download)
Book Synopsis Italy by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Italy written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2013-09-27 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report on Observance of Standards and Codes (ROSC) for Italy summarizes the findings and recommendations of the fiscal assessment of Italy’s economic policies. It highlights that while raising the bar for banking supervision, the Core Principles must be capable of application to a wide range of jurisdictions. The new methodology reinforces the concept of proportionality, both in terms of the expectations on supervisors and in terms of the standards that supervisors impose on banks. It recommends that a group-focused supervisory approach for the nationally significant insurers and sophisticated offsite monitoring together with ad hoc inspections for smaller entities is required.
Book Synopsis Czech Republic Report on the Observance of Standards and Codes?Fiscal Transparency Banking Supervision Insurance Regulation Securities Regulation Payment Systems and Monetary and Financial Policy Transparency Updates by : International Monetary Fund
Download or read book Czech Republic Report on the Observance of Standards and Codes?Fiscal Transparency Banking Supervision Insurance Regulation Securities Regulation Payment Systems and Monetary and Financial Policy Transparency Updates written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-08-07 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Czech Republic’s Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency, Banking Supervision, Insurance Regulation, Securities Regulation, Payment Systems, and Monetary and Financial Policy Transparency. The Czech Republic continues to lack a comprehensive perspective on fiscal risks. Although the extension of government guarantees has dropped sharply, other forms of contingent liabilities are still not fully captured, for example, those resulting from the operations of the National Property Fund or the Czech Consolidation Agency. Moreover, there is no requirement to quantify tax expenditures.
Book Synopsis United States by : International Monetary Fund
Download or read book United States written by International Monetary Fund and published by . This book was released on 2003-08-05 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the Report on the Observance of Standards and Codes on fiscal transparency for the United States. It assesses fiscal transparency practices in the United States against the requirements of the IMF Code of Good Practices on Fiscal Transparency. It reviews the description of practice, prepared by the IMF staff on the basis of discussions with the United States authorities and their responses to the fiscal transparency questionnaire, and provides a commentary of IMF staff on fiscal transparency in the United States.
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :INTERNATIONAL MONETARY FUND ISBN 13 :9781484346754 Total Pages :0 pages Book Rating :4.3/5 (467 download)
Book Synopsis Italy by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Italy written by International Monetary Fund. Monetary and Capital Markets Department and published by INTERNATIONAL MONETARY FUND. This book was released on 2013-09-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report on Observance of Standards and Codes (ROSC) for Italy summarizes the findings and recommendations of the fiscal assessment of Italy’s economic policies. It highlights that while raising the bar for banking supervision, the Core Principles must be capable of application to a wide range of jurisdictions. The new methodology reinforces the concept of proportionality, both in terms of the expectations on supervisors and in terms of the standards that supervisors impose on banks. It recommends that a group-focused supervisory approach for the nationally significant insurers and sophisticated offsite monitoring together with ad hoc inspections for smaller entities is required.
Book Synopsis Report on the Observance of Standards and Codes on Accounting and Auditing Update by :
Download or read book Report on the Observance of Standards and Codes on Accounting and Auditing Update written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Italy by : International Monetary Fund
Download or read book Italy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-02-23 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency Module for Italy. Some progress has been made vis-à-vis the 2003 ROSC update, especially toward strengthening the integrity of data. The reconciliation of above- and below-the-line fiscal data has contributed to strengthening the quality of data and budget reporting. On the recommendations regarding public availability of information, progress is needed to allow a firmer assessment of Italy’s fiscal developments and prospects. A few issues remain outstanding.
Book Synopsis Republic of Poland by : International Monetary Fund
Download or read book Republic of Poland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-25 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency Module for the Republic of Poland. The original ROSC concluded that boundaries of the general government were well defined by the public finance law, but proliferation of extrabudgetary funds and agencies had complicated transparency. Since then, four state agencies were liquidated in 2002, and their activities were taken over by other agencies or line ministries. Also, the National Labor Office was consolidated with the Ministry of Labor.
Book Synopsis Mexico by : International Monetary Fund. Statistics Dept.
Download or read book Mexico written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2015-07-08 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Report on the Observance of Standards and Codes—Data Module for Mexico. Despite the progress made and envisaged, there is scope for further improvement. The IMF staff mission identified the need for greater consistency in data recording across agencies and for regular inter-institution reconciliation exercises to resolve data discrepancies. One source of discrepancies is fixed capital formation of state and local governments, which—given the weight that these subnational units have in the aggregate—may well contribute to the significant divergence between measures of investment in the government finance statistics and in the national accounts. Accuracy and reliability of national accounts data are generally adequate and have improved since 2010.
Book Synopsis 2011 Review of the Standards and Codes Initiative - Reports on the Observance of Standards and Codes (ROSC) Case Studies by : International Monetary Fund
Download or read book 2011 Review of the Standards and Codes Initiative - Reports on the Observance of Standards and Codes (ROSC) Case Studies written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-16 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is part of the 2011 ROSC Initiative review. It focuses on generating additional inputs for an informed assessment of the effectiveness of the Initiative in strengthening institutions in member countries. In particular, it analyses in detail a sample of twenty-two specific country experiences—at least two for each standard currently included in the Initiative. The review of specific country experiences with ROSC exercises—diagnosis and implementation of recommendations and follow-up—contributes to evaluate the extent to which ROSCs have been instrumental in identifying institutional weaknesses and contributed to promote financial reform and reduce financial vulnerability. This is an independent review prepared by an external consultant.
Book Synopsis United States by : International Monetary Fund
Download or read book United States written by International Monetary Fund and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the Report on the Observance of Standards and Codes on fiscal transparency for the United States. It assesses fiscal transparency practices in the United States against the requirements of the IMF Code of Good Practices on Fiscal Transparency. It reviews the description of practice, prepared by the IMF staff on the basis of discussions with the United States authorities and their responses to the fiscal transparency questionnaire, and provides a commentary of IMF staff on fiscal transparency in the United States.
Book Synopsis Hungary Report on the Observance of Standards and Codes—Data Module and Fiscal Transparency—Updates by : International Monetary Fund
Download or read book Hungary Report on the Observance of Standards and Codes—Data Module and Fiscal Transparency—Updates written by International Monetary Fund and published by International Monetary Fund. This book was released on 2002-06-05 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents an updates on the Observance of Standards and Codes—Data Module and Fiscal Transparency for Hungary. Hungary continues to observe the Special Data Dissemination Standard specifications for the coverage, periodicity, and timeliness of all data categories, including the detailed template on international reserves and foreign currency liquidity, and for the dissemination of advance release calendars. Progress has been made in the project to revise the data on imputed rents, currently extrapolated from 1993 data, on the basis of more up-to-date survey data.
Book Synopsis Greece by : International Monetary Fund
Download or read book Greece written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-02-10 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Report on the Observance of Standards and Codes (ROSC)—Fiscal Transparency Module for Greece. As noted in previous updates of the fiscal ROSC, much progress has been made in Greece since joining the European Union in separating government from nongovernment functions, and more tightly delineating the boundaries between the government and the rest of the public sector. For this purpose, a consistent legal framework has been developed. However, there are a few areas where roles and responsibilities could be more clearly defined.
Book Synopsis Bangladesh by : International Monetary Fund
Download or read book Bangladesh written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-09-09 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Bangladesh. The paper discusses that the authorities have implemented a number of measures recommended in the ROSC, particularly those aimed at establishing reliable fiscal reports, and have moved toward establishing an effective basis for medium-term budgeting. Progress on longer-term issues with regard to improving reporting and control over quasi-fiscal activities of state-owned enterprises and strengthening government watchdog institutions will require continuing sustained effort.
Book Synopsis Greece by : International Monetary Fund
Download or read book Greece written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-11 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Greece. Two important steps toward improving fiscal transparency since the last ROSC update were Greece’s subscription to the Special Data Dissemination Standard in November 2002, and participation in the preparation of the data module of the ROSC. Other steps included improving fiscal audits and the evaluation of budget expenditure, and measures in the recent tax reform to simplify the tax system.
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :International Monetary Fund ISBN 13 :1498359906 Total Pages :39 pages Book Rating :4.4/5 (983 download)
Book Synopsis Ireland by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Ireland written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-05-27 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report on Observance of Standards and Codes (ROSC) on Ireland highlights that the Central Bank of Ireland has made significant progress in implementing a proactive and intensive approach to supervision. The Probability Risk and Impact System, the backbone of the new risk-based supervisory approach, is intellectually appealing and significant progress was evident to the mission and recognized by market participants. The reform process is relatively young and effective implementation is still a work in progress that demands additional skills and resources. It is critical to maintain a clear direction and focus on implementation efforts, and that enforcement powers are used as a successful deterrent, including the new powers the Central Bank of Ireland was given under the Central Bank of Ireland Act 2013. The Central Bank of Ireland has set up sound foundations; however, gauging the full effectiveness of the reforms requires time for the new framework to season and for staff to gain experience through its use.
Book Synopsis France: Report on Observance of Standards and Codes Fiscal Transparency and Data Module Updates by : International Monetary Fund
Download or read book France: Report on Observance of Standards and Codes Fiscal Transparency and Data Module Updates written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-11-03 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: These updates to the Report on the Observance of Standards and Codes on Fiscal Transparency and Data Module on France highlight the transparency of budget preparation. The report includes a four-year projection of revenue, expenditure, and balance for the various components of the general government expressed under national accounting conventions. The metadata and summary methodologies underlying the economic statistics are being regularly updated on the Dissemination Standards Bulletin Board (DSBB). The possibility of developing a module for detecting anomalous price shifts in the new automatic price collection system is explored.
