The TA will provide technical support and facilitate needed capacity building to promote financial sector reforms under subprogram 2 of the Third Financial Sector Program. The TA will contribute to improved efficiency of supervision of the banking system and enhance non-bank financial intermediation through support for a wide range of markets and institutions. It will build on the achievement of the Subprogram I of the third Financial Sector Program Loan (FSPL III) in the development of markets for Government debt and the money market, promote investor protection in equity markets through improved capacity of the security market regulator, strengthen regulatory and supervisory capacity in insurance subsector, facilitate implementation of better auditing and accounting standards and practices, and support other areas of non-bank financial intermediation through a strategic approach and road-map for the development of the financial sector over the medium and long term.
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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.