1.

Record Nr.

UNINA9910827342903321

Titolo

Belgium : : Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4843-5651-9

1-4843-7496-7

1-4843-5327-7

Edizione

[1st ed.]

Descrizione fisica

1 online resource (178 p.)

Collana

IMF Staff Country Reports

Disciplina

332.152

Soggetti

Banks and banking - Belgium

Auditing

Bank legislation

Banking law

Banking

Banks and Banking

Banks and banking

Banks

Capital and Ownership Structure

Credit risk

Credit

Depository Institutions

External audit

Financial regulation and supervision

Financial Risk and Risk Management

Financial risk management

Financial services industry

Financial services law & regulation

Financing Policy

General Financial Markets: Government Policy and Regulation

Goodwill

Law and legislation

Management accounting & bookkeeping

Market risk

Micro Finance Institutions

Monetary economics

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



Money and Monetary Policy

Money

Mortgages

Public Administration

Public Finance

Public financial management (PFM)

Public Sector Accounting and Audits

Value of Firms

Belgium Economic policy

Belgium

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; CONTENTS; GLOSSARY; SUMMARY, KEY FINDINGS, AND RECOMMENDATIONS; A. Introduction; B. Information and Methodology Used for Assessment; INSTITUTIONAL AND MACROECONOMIC SETTING AND MARKET STRUCTURE OVERVIEW; A. Preconditions for Effective Banking Supervision; B. Main Findings; TABLES; 1. Summary Compliance with the Basel Core Principles-Detailed Assessments; 2. Recommended Action Plan to Improve Compliance with the Basel Core Principles; C. Authorities' Response to the Assessment; DETAILED ASSESSMENT; 3. Detailed Assessment of Compliance with the Basel Core Principles

Sommario/riassunto

The Belgian financial system is relatively large, concentrated, and interconnected and has a high level of compliance with the Basel Core Principles (BCPs) for effective banking supervision. The National Bank of Belgium (NBB) deploys high-quality supervisory practices and has clear lines of accountability, transparency, and separate funding when acting in its supervisory capacity. The Belgian authorities have established a Resolution Fund (RF) vesting it with powers to take preventative measures and to facilitate resolution procedures.