2024-05-09-IMF-Barbados_3页_181kb

报告摘要

Barbados: Financial Stability Report - High-Level Summary Technical Assistance Report

Core Content

This document presents a High-Level Summary Technical Assistance Report (HLS/24/18) prepared by Petr Jakubik for the Central Bank of Barbados (CBB) and the Barbados Financial Services Commission (FSC). The report outlines recommendations aimed at improving the joint Financial Stability Report (FSR), a key product in the area of financial stability.

Main Objectives

Enhance the quality and comprehensiveness of the joint Financial Stability Report (FSR).
Improve the analytical toolkit and data utilization for financial stability assessments.
Strengthen the communication strategy and report structure to ensure clarity and coherence.

Key Findings

The FSR is the flagship product of the CBB and FSC in financial stability.
There is a lack of prior communication and alignment on key topics during the report's drafting, leading to a fragmented narrative.
The report does not adequately describe the regulatory framework relevant to different financial system segments, which may hinder interpretation for readers unfamiliar with it.
The real sector is not sufficiently analyzed, and there are gaps in the analytical toolkit that limit the ability to conduct a comprehensive financial stability assessment.

Key Recommendations

Develop a detailed FSR production plan: This will help streamline the process and foster collaboration among experts.
Create a joint communication strategy: The strategy should establish the FSR as a central tool for financial stability communication, with a clear, forward-looking, and consistent narrative.
Enhance report structure: Shift to a top-down approach to improve readability and coherence.
Improve the analytical toolkit: Focus on identifying, monitoring, and assessing all relevant financial stability risks.
Refine the banking stress test methodology: Continue methodological improvements for the top-down stress test.
Enhance economic research: Expand the scope of economic analysis to support financial stability assessments.
Utilize all available data sources: Emphasize the use of credit registers and other data for statistical and financial stability work.
Conduct industry surveys: Address existing data gaps by performing targeted surveys.
Discuss data warehouse and software tools: Explore options for processing large data sets to support more robust analysis.

Partners and Members

Partners: Canada, United Kingdom, European Union, Netherlands, Mexico, USAID, Caribbean Development Bank, Eastern Caribbean Central Bank.
Members: Anguilla, Antigua and Barbuda, Aruba, The Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Curaçao, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Maarten, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos Islands.

Disclaimer

The contents of this document are a high-level summary of technical advice provided by the IMF to the CBB and FSC. Unless the CD recipient objects within 30 business days, the IMF will publish this summary on IMF.org.