01669cas a2200241 a 4500 AALejournalIMF006641 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455204878 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kuwait : Financial System Stability Assessment; Update. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (43 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 The study shows that the global financial crisis has adversely affected Kuwait's financial system, especially in the Investment Company (IC) sector. Stress tests indicate that, in contrast to the ICs, the banking system could broadly withstand significant shocks. The Central Bank of Kuwait's (CBK) well-designed framework for banks has proven effective in shielding the banking sector from the crisis. It shows that the enactment of the capital market law is an important step toward the creation of Certified Management Accountant (CMA). The study shows that a powerful regulatory regime is needed for the insurance sector. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/239 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/239/002.2010.issue-239-en.xml IMF e-Library