Moldova Financial Sector Assessment Program : Oversight and Supervision of Financial Market Infrastructures and Risk Assessment of Central Securities Depositories

The approach taken by authorities in the oversight and supervision of FMIs is important in promoting and maintaining financial stability in Moldova. While well-functioning FMIs can greatly improve the efficiency, transparency, and safety of financi...

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Bibliographic Details
Main Author:	International Monetary Fund
Format:	Report
Language:	English en_US
Published:	Washington, DC 2015
Subjects:	MONETARY POLICY WITHDRAWAL HOLDING DERIVATIVE SECURITIES CHECKS DEPOSITS FINANCIAL MARKET PARTICIPANTS PAYMENT SERVICE PAYMENT OBLIGATIONS INTEREST LIQUIDITY RISKS COMPENSATION FUND GROSS SETTLEMENT SYSTEM REVENUES PORTFOLIO LIQUIDITY RISK MARKET REGULATORS CAPITAL ADEQUACY PAR VALUE CREDIT TRANSACTIONS INFORMATION SYSTEMS CENTRAL SECURITIES DEPOSITORY INSTRUMENTS MARKET INFRASTRUCTURES FINANCIAL COLLATERAL MARKET PARTICIPANTS CONVERSION SECURITIES ISSUANCE LEGAL PROVISIONS FINANCIAL INSTITUTION SETTLEMENT SYSTEMS SETTLEMENT DATE SETTLEMENT OF TRANSACTIONS SECURITY HOLDERS PRIMARY DEALERS CREDIT RISKS MONETARY FUND MARKET TURNOVER FINANCIAL INSTITUTIONS CAPITAL MARKET COLLATERAL ARRANGEMENTS DEBT MARKETS CENTRAL SECURITIES DEPOSITORIES PUBLIC OFFERING SETTLEMENT FRAUD RISKS LEGAL FRAMEWORK BROKERS CIVIL CODE TRANSACTIONS INTERNATIONAL STANDARDS BOOK ENTRY SYSTEM GOOD TRANSPARENCY LEGAL OBLIGATION DERIVATIVE MARKET CONDITIONS TURNOVER FUTURE MARKET PRICES CONFLICTS OF INTEREST ISSUANCE SHARES MINORITY SHAREHOLDERS RISK OF DEFAULT SECURITIES TREASURY SOLVENCY CREDIT RISK INSURANCE HOLDINGS SHAREHOLDERS GOVERNMENT BONDS OPEN MARKET REGISTRATION SYSTEM CENTRAL DEPOSITORY COMMERCIAL BANKS DEPOSITORY SYSTEM FINANCIAL ASSETS JOINT STOCK COMPANIES SHAREHOLDER FRAUD RISK MARKET PRACTICES MATURITIES FINANCIAL SYSTEMS PAYMENT SYSTEMS LIQUID ASSETS LIQUIDITY PROBLEMS CASH FLOW BANKING MARKET PLEDGES CAPITAL MARKETS DEPOSIT REGULATORY FRAMEWORK STOCK INFORMATION TECHNOLOGY ASSET PRICES CASH SETTLEMENT EXCHANGE PROPERTY RIGHTS SECURITIES REGISTRATION PAYMENT SYSTEM LIQUIDITY NOTARY CORPORATE SECURITIES SECURITIES TRANSACTIONS BONDS SETTLEMENT OF FUNDS FRAMEWORK FOR SECURITIES MARKET INFRASTRUCTURE CENTRAL BANKS PLEDGE PENSION CENTRAL BANK MATURITY MARKET STABILITY NATIONAL SECURITIES MARKET REGULATOR SECURITIES MARKET PRIMARY MARKET MARKET PRACTICE SETTLEMENT RISK CONTRACTS GUARANTEE FUND TRADING FEE INCOME MORAL SUASION CAPITAL REQUIREMENTS TRANSFER OF SECURITIES SETTLEMENT SYSTEM RESERVES GROSS DOMESTIC PRODUCT FINANCIAL SYSTEM COMMON STOCK FINANCE PAYMENT OF INTERESTS BROKER CUSTODY GOVERNMENT SECURITIES SETTLEMENT PERIOD EQUITY TRANSACTION INVESTORS SECURITIES MARKETS FRAUD FINANCIAL STABILITY PAYMENT OBLIGATION BOOK-ENTRY MINIMUM CAPITAL REQUIREMENTS FINANCIAL INSTRUMENTS FINANCIAL INSTRUMENT CONTRACT AMORTIZATION FINANCIAL ASSET PROPERTY LEGAL OWNERSHIP BALANCE SHEET TRANSACTION COSTS DEFAULT MARKET MARKET LAW FOREIGN EXCHANGE RISK PROFILE CAPITAL MARKET LAW INTERESTS INVESTOR TRADING SYSTEM PRIMARY DEALER SECURITY FINANCIAL MARKET LOSS STATEMENT STOCKS INVESTMENT NATIONAL BANK STOCK EXCHANGE LEGAL PROTECTION SHARE INTERNAL AUDIT COLLATERAL PAYMENT SERVICES FINANCIAL MARKETS BID MONEY MARKET LEGAL REFORMS RISK CONTROLS PROFIT INVESTMENTS RISK MANAGEMENT CHECK PENSION FUND INSTRUMENT EXCHANGE RATE CAPITAL MARKET INFRASTRUCTURE PROFITS SECONDARY MARKET CUSTODIAN BANKS JOINT STOCK COMPANY GUARANTEE BOOK ENTRY SETTLEMENT RISKS SETTLEMENT SERVICES
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25149779/moldova-financial-sector-assessment-program-technical-note-oversight-supervision-financial-market-infrastructures-fmis-risk-assessment-central-securities-depositories http://hdl.handle.net/10986/22907