1.

Record Nr.

UNINA9910809198503321

Titolo

Ireland : : Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4983-5949-3

1-4983-0426-5

1-4983-7985-0

Descrizione fisica

1 online resource (284 p.)

Collana

IMF Staff Country Reports

Disciplina

332.109417

Soggetti

Banks and banking - State supervision - Ireland

Banks and Banking

Money and Monetary Policy

Finance: General

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Financial Institutions and Services: Government Policy and Regulation

General Financial Markets: Government Policy and Regulation

Banking

Financial services law & regulation

Monetary economics

Finance

Credit

Credit risk

Market risk

Operational risk

Money

Financial regulation and supervision

Stress testing



Financial sector policy and analysis

Banks and banking

Financial risk management

State supervision

Ireland

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; CONTENTS; GLOSSARY; INTRODUCTION; INFORMATION AND METHODOLOGY USED FOR ASSESSMENT; BOX; 1. The 2012 Revised Core Principle; INSTITUTIONAL AND MARKET STRUCTURE - OVERVIEW; PRECONDITIONS FOR EFFECTIVE BANKING SUPERVISION; A. Macroeconomic Overview; B. Overview of the Banking Sector; C. Bank Resolution; D. Accounting and Auditing; E. Payment Systems Framework in Ireland; F. Trade in Irish Securities; G. Financial Safety Net (Deposit Insurance); H. Exceptional Liquidity Assistance (ELA); I. Recovery and Resolution; SUMMARY OF THE RESULTS

A. Summary Compliance with the Basel Core Principles DETAILED ASSESSMENT; A. Detailed Assessment of Compliance with the Basel Core Principles; B. Prudential regulations and requirements; RECOMMENDED ACTIONS; A. Recommended Actions to Improve Compliance with the Basel Core Principles; AUTHORITIES' RESPONSE TO THE ASSESSMENT

Sommario/riassunto

This Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision on Ireland reflects the regulatory and supervisory framework in place as of the date of the assessment. This assessment has been prepared according to the Revised Core Principles Methodology issued by the Basel Committee of Banking Supervision (BCBS). The Irish authorities chose to be assessed against the Essential and Additional Criteria but to be graded against only the Essential Criteria. Although there is no observed interference, the legislation provides for the approval of the Minister for Finance for: setting the levy structure to fund supervision, denying a license application, involuntary revocation of a banking license. The Central Bank of Ireland (CBI) undertakes supervisory activities to understand the overall structure of the banking group for which it is ultimately responsible and supervises and monitors material activities (including nonbanking activities conducted by entities in the wider group, both domestic and cross-border.