Some economic consequences of the COVID-19 pandemic may also be experienced long after it has ended. What long-term effects of COVID-19 could pose risks to the stability of the financial system in the future?
The consequence of the financial crisis is a change in consumer protection in the financial market, which so far has played a secondary role in the introduced regulatory standards and supervisory practices.
Four new countries, among them Poland, will be audited as part of the IMF’s Financial Sector Assessment Program (FSAP). The program assesses financial systems in countries where a crisis would have a significant impact on the...