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RBA Glossary definition for FSAP

FSAP – Financial Sector Assessment Program. A joint International Monetary Fund (IMF) and World Bank program, seeking to identify the strengths and vulnerabilities of countries' financial systems, and to determine how key sources of risks are being managed. For developing countries, assessments are used to ascertain developmental and technical assistance needs, and to help prioritise policy responses. For developed countries, FSAP assessments are conducted solely by the IMF and do not cover developmental issues.

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Reserve Bank of Australia Annual Report 2013

21 Nov 2013 RBA Annual Report 2013 PDF 3483KB
https://www.rba.gov.au/publications/annual-reports/rba/2013/pdf/2013-report.pdf