El Salvador : Detailed Assessment of Compliance of the Basel Core Principles for Effective Banking Supervision.

This paper presents an assessment of compliance with the Basel Core Principles for Effective Banking Supervision in El Salvador. The regulatory authority Superintendencia del Sistema Financiero (SSF) has taken a number of initiatives to strengthen and upgrade supervision. This includes, among others...

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书目详细资料
企业作者: International Monetary Fund. Monetary and Capital Markets Department
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2014.
丛编:IMF Staff Country Reports; Country Report ; No. 2014/045
在线阅读:Full text available on IMF
实物特征
总结:This paper presents an assessment of compliance with the Basel Core Principles for Effective Banking Supervision in El Salvador. The regulatory authority Superintendencia del Sistema Financiero (SSF) has taken a number of initiatives to strengthen and upgrade supervision. This includes, among others, a risk unit with specialized expertise and continued efforts to foster cross-border cooperation and coordination. Despite considerable efforts, for the SSF is commended for its efforts, the lack of regulation in practically all risk categories is a major impediment to further progress. The lack of standards in those areas, combined with severe shortcomings in legal protection and deficiencies in the remedial action framework for addressing minor transgressions, limits the SSF's ability to address imprudent behavior by banks.
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实物描述:1 online resource (66 pages)
格式:Mode of access: Internet
ISSN:1934-7685
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