This section contains the International Monetary Fund’s evaluations of Italy’s compliance with the principles and standards established at international level for banking supervision, systemically important payment systems, securities regulation, securities settlement systems, transparency in monetary and financial policies, and anti-money-laundering (Reports on the Observance of Standards and Codes). These evaluations may be occasional or they may be part of the Financial Sector Assessment Program, in which the overall soundness of a country’s financial system is analyzed.