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South Africa : financial system stability assessment /

This paper discusses findings of the Financial System Stability Assessment for South Africa. South Africa's financial sector operates in a challenging economic environment. Despite remarkable progress since the end of apartheid in 1994, South Africa still has one of the world's highest une...

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Bibliographic Details
Call Number:Libro Electrónico
Format: Electronic eBook
Language:Inglés
Published: Washington, District of Columbia : International Monetary Fund, 2014.
Series:IMF country reports ; 14/340.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Cover; CONTENTS; GLOSSARY; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; EXECUTIVE SUMMARY AND OVERALL ASSESSMENT; TABLES; 1. Key FSAP Recommendations; FINANCIAL SYSTEM PROFILE; FIGURES; 1. Features of the Financial System; RECENT DEVELOPMENTS; 2. SA Financial System Spillover Coefficients; 3. Recent Economic and Financial Developments; 4. The Debt Profile; RISKS AND VULNERABILITIES; A. Credit Risks; B. Systemic Liquidity; C. Concentration and Interconnectedness; D. Cross-Border Expansion; STRESS TESTING RESILIENCY; A. Banking Stress Tests.
  • 5. Scenario-Based STs Results-Aggregate Capital Ratio2: Key Macro Variables; 6. Scenario-Based STs result-Distribution of Capital Ratios; B. Insurance Stress Test; 7. Liquidity Stress Test: Simulated 30 day Cumulative Cash Flow; 8. Insurance Stress Test Results; C. Corporate Stress Test; STRUCTURAL REFORM TO ENHANCE RESILIENCY; 9. Interest Coverage Ratios; A. The Twin Peaks Model; B. Microprudential Framework; C. Macroprudential Framework; D. Derivatives Markets Reform; E. Crisis Management and Bank Resolution; F. Promoting Competition in the Financial System.
  • G. Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT)BOX; 1. The Intervention of African Bank; APPENDICES; I. Tables and Figures; II. 2008 Financial Sector Assessment Program; ANNEX; I. Report on the Observance of Standards and Codes.