Belize annual report details financial stability measures

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The Central Bank of Belize published its annual report for 2012 yesterday, revealing details of the financial stability unit it established after assuming "explicit responsibility for stability of the financial system as a whole" last year.

The unit is tasked with formulating a framework for macro-prudential surveillance "with a view to identifying financial-sector vulnerabilities and recommending strategies for risk mitigation", according to the central bank's annual report for 2012.

Moreover

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