Financial Control Service
Important central agency of the Government of Liberia, mandated to oversee and coordinate the effective management of public finance and resources in Liberia.
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Last news
Central bank digital currencies – Executive Summary
Today, money exists in two forms. Public money is issued by a central bank via banknotes and central bank
reserves, w...
Challenges in supervising banks’ large exposures
Executive summary
Recent failures to manage counterparty risk serve as a reminder of the need to control and limit
ri...
Bank boards – a review of post-crisis regulatory approaches
Executive summary
The corporate governance of banks differs from that of non-financial firms, due to the vital role
t...
Accounting standards and insurer solvency assessment
Executive summary
International Financial Reporting Standard (IFRS) 17 Insurance Contracts was published in
May 2017 ...