Sixteen Meeting of the Coordination and Systemic Risk Monitoring Committee

The Coordination and Systemic Risk Monitoring Committee, composed of representatives of Bank Al-Maghrib, the Moroccan Capital Market Authority (AMMC), the Supervisory Authority of Insurance and Social Welfare (ACAPS), and the Department of Treasury and External Finance (DTFE), held its 16th meeting on Thursday, December 22, 2022 at the headquarters of Bank Al-Maghrib in Rabat.

The Committee reviewed the progress of the inter-authority’s roadmap for financial stability covering the period 2022-2024 and examined the draft joint circular of the financial sector supervisory authorities on financial conglomerates.

The Committee also analyzed the mapping of the systemic risks weighing on the national financial system, in a context still surrounded by strong uncertainties. In this regard, the Committee reviewed the conclusions of the monthly meetings of its representatives held since the onset of the health crisis as well as the evolution of monitoring indicators. These indicators continue to demonstrate the strength and resilience of the Moroccan financial sector.

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