1.

Record Nr.

UNINA9910828433503321

Titolo

Canada : : Financial Sector Assessment Program-Basel Core Principles for Effective Banking Supervision-Detailed Assessment of Observance

Pubbl/distr/stampa

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

ISBN

1-4843-3202-4

1-4755-2363-7

1-4843-3233-4

Edizione

[1st ed.]

Descrizione fisica

1 online resource (240 p.)

Collana

IMF Staff Country Reports

Disciplina

338.9

Soggetti

Economic development - Canada

International finance - Canada

Banks and Banking

Macroeconomics

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Labor Economics: General

Banking

Financial services law & regulation

Labour

income economics

Operational risk

Credit risk

Market risk

Foreign banks

Financial regulation and supervision

Financial institutions

Labor

Banks and banking

Financial risk management

Banks and banking, Foreign



Labor economics

Canada

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; SUMMARY, KEY FINDINGS, AND RECOMMENDATIONS; A. Introduction; B. Information and Methodology Used for Assessment; C. Overview of Institutional Setting and Market Structure; TABLE; 1. Financial Sector Structure, end 2012; D. Preconditions for Effective Banking Supervision; DETAILED ASSESSMENT; A. Supervisory Powers, Responsibilities, and Functions; B. Prudential Regulations and Requirements; SUMMARY COMPLIANCE WITH THE BASEL CORE PRINCIPLES

RECOMMENDED ACTIONS TO IMPROVE COMPLIANCE WITH THE BASEL CORE PRINCIPLES AND THE EFFECTIVENESS OF REGULATORY AND SUPERVISORY FRAMEWORKS AUTHORITIES' RESPONSE

Sommario/riassunto

This paper focuses on the IMF report on detailed assessment of observance of Basel Core Principles (BCP) for effective banking supervision in Canada. The Canadian banking supervisor (OSFI) adopts a close and cooperative approach that supports the close network of federal authorities in identifying and seeking to mitigate prudential risks to the federal system. As a world-leading regulator, OSFI could be expected to issue a comprehensive suite of risk management standards to be available to all banks, even if at a relatively high level or based largely on Basel Committee for Banking Supervision guidance.