METAC’s resources are available for diagnostic work to identify and design measures needed to strengthen specific aspects of economic and financial governance; preparing detailed implementation plans based on the diagnostic work conducted by TA departments at IMF Headquarters; reviewing proposals or assessments by governments and other donors for consistency with internationally agreed standards, and coordinating activities with other TA providers; providing policy and technical advice either by the Center’s own advisers or by consultants hired by METAC; and organizing training courses, seminars, workshops and dissemination of best practices.

Banking Supervision

METAC assists member countries in creating a sound banking supervision environment to maintain public trust and confidence in the banking sector by:

  • Enhancing banking supervision procedures in accordance with international best practices;
  • Building banks’ examiners capacity through training courses, seminars and workshops;
  • Strengthening the examination process through the development of new financial statements and early warning systems (call reports);
  • Issuing new prudential regulations in-line with Basel Committee on Banking Supervision recommendations;
  • Implementing International Accounting Standard (IAS) for banks and financial institutions; and
  • Developing Credit Registry Systems to better monitoring of credit facilities.