81 “...-affirmed in the recent period is well anchored in the law, and it has been designated by the NBRNM as a...”

82 “..., as well as the strong quality of their assets. Continuing to improve the financial infrastructure would...”

83 “... as well as increasing research and development spending...”

84 “... principles. The effective operational implementation of the Single Supervisory Mechanism (SSM) is well...”

85 “... supervision effectively, and its risk-based approach has focused well on the key elements of risk within its...”

86 “... on the United States. The United States has large, well-developed, and complex securities and derivatives...”

87 “... Assessment Program (FSAP) undertaken by the IMF during 2012. The assessment reveals that France has a well...”

88 “... focused and well developed. The Securities and Futures Act (Cap. 289) provides an effective framework...”

89 “... for Financial Market Infrastructures(FMIs) in Singapore. Singapore has a well-developed payment, clearing...”

90 “... and demonstrates a strong commitment by MAS to their implementation. As a large financial center, MAS is well aware...”

91 “... supervision effectively, and its risk based approach has focused well on the key elements of risk within its...”

92 “... is stagnant, and households are heavily indebted. Relatively high capital buffers as well as sound regulation...”

93 “... in New Zealand. The overall regulatory framework for asset management is well developed, but would...”

94 “... been revised and contains a clear mandate and well-defined objectives. The macroprudential mandate...”

95 “..., which are well recognized by the authorities...”

96 “... on corporate governance, risk management and internal controls as well as on reinsurance, disclosure...”

97 “... government or industry interference in individual supervisory decisions. Its well-defined supervisory...”

98 “...’ responsibilities in Canada. The report shows that the FMIs have operated normally under a well-established legal...”

99 “..., examining the existing framework as well as the areas not addressed in the Draft Law...”

100 “... in 2021. The banking system has so far weathered the shock well, with the help of a strong policy...”