Financial Institutions Policy and Regulation
The United States Department of the Treasury provides
technical assistance to foreign governments on issues related
to the development and regulation of their financial sectors.
Advisors work with ministries of finance, central banks,
banking regulation and supervision departments, deposit
insurance agencies, and other banking sector entities in an
effort to assist in the creation of viable, market-oriented
banking systems that serve as both sound repositories of funds
and efficient providers of capital to productive sectors of
the economy.
The Financial Institutions Policy and Regulation Program
pursues these objectives by working to improve the regulatory
oversight of the financial sector by government. This is
achieved through the imposition of standards in areas such as
capital adequacy, loan loss provisioning, and risk management
systems, along with the restructuring or closing of insolvent
institutions, the liquidation of assets and their
redistribution to creditors.
Technical assistance activities are designed to address the
specific needs of the entity to which advice is being
rendered. Although not an exhaustive list, expert resident and
intermittent banking advisors provide advice in the following
disciplines:
- Restructuring or liquidating troubled financial
institutions,;
- Bank privatization;
- Deposit insurance systems;
- Banking system supervision,;
- Bank examination policies and procedures;
- Off-site monitoring and surveillance of the banking
system;
- Macroeconomic and monetary policy;
- Treasury operations and payment (settlement) systems;
- Risk management and internal controls;
- Banking legislation;
- Principles of modern commercial banking; and
- Participating, in conjunction with OTA’s Financial
Enforcement Program, in the delivery of technical assistance
designed to combat financial crimes in the banking sector.
Last Updated:
December 30, 2005
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