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35221-012: Strengthening the Capacity of the Royal Monetary Authority/Royal Securities Exchange of Bhutan
Project Data Sheet (PDS): Overview
Description
The TA will aim to strengthen the autonomy and supervisory function of Royal Monetary Authority (RMA) and provide the required legal and regulatory framework for capital markets development as well as for the supervision by RMA of the financial sector including insurance. It will also aim to build up capacity within RMA and Royal Securities Exchange of Bhutan (RSEB) for good governance. Regulations governing the insurance and the securities markets will be reviewed to provide RMA with clear guid... Read More
| Country |
Bhutan |
|---|---|
| Project Number | 35221-012 |
| Project Type or Modality of Assistance |
Technical Assistance |
| Financing | Public sector (Sovereign) |
| Status | |
| Approval Number |
TA No. 3905 |
| Approval Date | 23 Aug 2002 |
| Geographical Location | Thimphu, Bhutan |
| Sector / Subsector Classification |
Finance / Money and Capital Markets |
| Thematic Classification | Economic growth Private sector development Gender equity |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Responsible ADB Officer
Yesim M. Elhan-Kayalar
Email contact form
Responsible ADB Department
South Asia Department
Responsible ADB Divisions
Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Royal Monetary Authority of Bhutan
Mr. Sonam Wangchuck