Washington, DC: On December 16, 2022, the Executive Board of the International Monetary Fund concluded the consideration of the Financial Sector Stability Assessment for Uruguay, without convening a formal discussion. The Financial Sector Assessment Program (FSAP), established in 1999, is a comprehensive and in-depth assessment of a country's financial sector. The key findings of an FSAP are summarized in a report called the Financial System Stability Assessment (FSSA), which is discussed by the IMF Executive Board. In cases where the FSSA is discussed outside the context of an Article IV consultation, the Board considers and endorses the FSSA without a meeting.
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