People’s Republic of China-Hong Kong Special Administrative Region : : Financial Sector Assessment Program-Basel Core Principles for Effective Banking Supervision-Detailed Assessment of Observance

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2014
• Descrizione fisica: 1 online resource (361 p.)
• Disciplina: 382.095125005
• Soggetto topico: Taxation - China - Hong Kong; Money - China - Hong Kong; Banks and banking - China - Hong Kong; Labor market - China - Hong Kong; Banks and Banking; Public Finance; Intelligence (AI) & Semantics; Technological Change: Choices and Consequences; Diffusion Processes; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill; Public Administration; Public Sector Accounting and Audits; Financial Institutions and Services: Government Policy and Regulation; Artificial intelligence; Banking; Financial services law & regulation; Management accounting & bookkeeping; Market risk; Credit risk; External audit; Technology; Financial regulation and supervision; Public financial management (PFM); Capital adequacy requirements; Banks and banking; Financial risk management; Auditing; Asset requirements
• Soggetto geografico: Hong Kong (China) Foreign economic relations; Hong Kong Special Administrative Region, People's Republic of China
• Note generali: Description based upon print version of record.
• Nota di contenuto: ""Cover""; ""CONTENTS""; ""Glossary""; ""A""; ""B""; ""C""; ""D""; ""E""; ""F""; ""G""; ""H""; ""I""; ""L""; ""M""; ""O""; ""P""; ""R""; ""S""; ""SUMMARY OF KEY FINDINGS AND PRECONDITIONS""; ""A. Introduction""; ""B. Information and Methodology Used for Assessment""; ""C. Overview of Institutional Setting and Market Structure""; ""D. Preconditions for Effective Banking Supervision""; ""E. Supervisory Powers, Responsibilities and Functions""; ""SUMMARY COMPLIANCE WITH THE BASEL CORE PRINCIPLES""; ""RECOMMENDED ACTIONS AND AUTHORITIES COMMENTS""; ""A. Recommended Actions"" ; ""B. Authoritiesâ€? Response to the Assessment""
• Sommario/riassunto: This Basel Core Principles (BCP) for Effective Banking Supervision Detailed Assessment Report has been prepared in the context of the Financial Sector Assessment Program for the People’s Republic of China–Hong Kong Special Administrative Region (HKSAR). The Hong Kong Monetary Authority (HKMA) supervises a major international financial center which was affected, though not significantly so, by the financial crisis. The HKMA is maintaining its commitment to the international regulatory reform agenda and is an early adopter of many standards. Supervisory practices, standards, and approaches are well integrated, risk based and of very high quality. There is one area in relation to the overarching legislative framework and powers which warrants further attention. The HKMA enjoys clear de facto but not de jure operational independence. There are two important cross border dimensions for Hong Kong as an international financial center. One is related to HKSAR’s significant position as a host supervisor. The second is the increasing importance of Mainland China in the current portfolios and prospects of the locally incorporated institutions, and indeed in the choice of HKSAR as a platform for overseas institutions to establish relationships with Mainland China.
• Titolo autorizzato: People's republic of China-Hong Kong special administrative region
• ISBN: 1-4843-2055-7; 1-4983-0470-2; 1-4983-4382-1
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910791297403321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Staff Country Reports; Country Report ; ; No. 2014/207