Morocco

The Financial System Stability Assessment of Morocco reviews the reform program that is aimed at establishing a modern, market-oriented financial system that optimizes the mobilization of savings and the allocation of financial resources. It reviews the modernization of the banking sector and the development of competition within the sector, development of financial markets, and removal of constraints on financial system activity. It also provides reports on the Observance of Standards and Codes on Insurance Regulation, Securities Regulation, Payment Systems, and Monetary and Financial Policy Transparency.Reports on the Observance of Standards and Codes;banking, financial system, banking system, financial institutions, financial sector, financial policies, banking supervision, stock exchange, banking law, banking sector, equity capital, financial markets, foreign exchange, financial statements, bonds, internal control, settlement system, financial conglomerates, interbank market, international standards, deposit guarantee, banks ? loan, financial services, loan classification, bond, financial market, bank accounts, banking product, moral hazard, financial resources, capital adequacy, banking crises, return on equity, bank law, bank loans, bank credit, connected lending, financial systems, banking system assets, government finance, corporate bond, reserve requirements, derivatives markets, return on assets, capital adequacy ratio, banks ? balance sheets, recapitalization, bank managers, financial intermediaries, savings bank, bank supervision, bank deposits, interest rate risk, bond market, private bonds, financial intermediation, bankrupt, banking crisis, corporate bond market, clearing house, stock market, retail banking, bank independence, nonbank financial institution, bank staff, corporate bonds, banks ? assets, banking sector assets, bank closures, banking sectors, international financial markets, international capital, bond purchases, banking services, bank credits, government bonds, accounting system, electronic banking, equity shares, bank financing, tier 1 capital, money market rate, accounting framework, financial regulation, liquidity support, stock prices, banking supervisor, internal audit, bankrupt companies, private commercial bank, liquidity crises, sovereign risk, portfolio investment, deposit rates, restrictions on capital account transactions, bank management, long-term bonds, international capital markets, bank failure, financial assets, consolidated supervision, profitability analysis, domestic financial markets, nonperforming loan, term bonds, international finance, banking assets, resource allocation, bank assets, bank lending, bankruptcy law, stock brokerage, bankers ? association, money market, tier 2 capital, bankers, banking supervisors, crowding out, banking law reform, bank accounting