Partners for Financial Stability (PFS)
2010-2013 || U.S. Agency for International Development
Deloitte is helping to address the challenges facing the financial sector across 12 countries in Southeast Europe and Eurasia through the Partners for Financial Stability (PFS) program. The 12 countries include Albania, Bosnia, Kosovo, Macedonia, Montenegro, Serbia, Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine. The PFS program is designed to complement the work of USAID missions’ Economic Growth programs in the region by addressing gaps in technical assistance, financial sector challenges, or capacity building needs to achieve international practices. Program activities include analytics and benchmarking studies, sponsorship of conferences and technical workshops, technical briefs and market research and creation of an interactive website for financial sector participants. The objectives of the program are to promote financial integration of the 12 countries into the regional and global economy; harmonize policies and practices with international financial sector standards; and strengthen the institution capacity of financial sector stakeholders. The PFS program works across a broad range of subject areas including banking (risk management, macroprudential supervision, deposit insurance, crisis preparedness, anti-money laundering), capital markets, corporate governance, insurance supervision, financial literacy, access to finance and implementation of international standards in financial sector reporting.