01647cas a2200241 a 4500 AALejournalIMF003747 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451928433 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Colombia : Financial System Stability Assessment Update. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (35 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a Financial System Stability Assessment Update, including Reports on the Observance of Standards and Codes (ROSC) on the Securities Regulation, Insolvency and Creditor Rights Systems, and Payment Systems in Colombia. Overall, the financial sector appears relatively stable and resilient to potential adverse shocks. The Superintendency of Banks lacks sufficient autonomy and independence while the current legal framework fails to effectively protect either bank supervisors or the Superintendent. Risk-based regulation and consolidated supervision remain key issues for the future. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/287 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/287/002.2005.issue-287-en.xml IMF e-Library