How are requests for voluntary assessments prioritized?
A. The Board has established prioritization criteria, which include: (i) the systemic importance of the country; (ii) macroeconomic or financial vulnerabilities; (iii) major reform programs that might benefit from a comprehensive financial sector assessment; and (iv) features of the exchange rate and monetary policy regime that make the financial system more vulnerable. These criteria are applied to prioritize all country requests, including those by the G-20. Maintaining a balance across regions and different levels of financial sector development is also important.
