Macro-Prudential Supervision
—In the backdrop of GFC, Pakistan is
planning to design and implement macro prudential policy framework in order to
have a system wide view and to define optimal and timely policy responses to
control and make financial system more resilient against system risk.
—A cross cluster Task Force along with
its TOR has been developed.
—A
cross-cluster Joint Task Force (JTF) along with their detailed Terms of
Reference (TORs) has been developed.
—JTF
would work out the conceptual, analytical and institutional details in order
to develop a macro prudential policy framework for Pakistan.