Myanmar : Technical Assistance Report-Banking Supervision and Regulation.

At the request of the Central Bank of Myanmar (CBM), the IMF's Monetary and Capital Markets Department, visited Yangon for a series of missions in 2018 and early 2019 on banking supervision. The objectives of the work were to support the CBM in the development of bank regulation and supervision...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. Monetary and Capital Markets Department
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2020.
Serier:IMF Staff Country Reports; Country Report ; No. 2020/184
Online adgang:Full text available on IMF
Beskrivelse
Summary:At the request of the Central Bank of Myanmar (CBM), the IMF's Monetary and Capital Markets Department, visited Yangon for a series of missions in 2018 and early 2019 on banking supervision. The objectives of the work were to support the CBM in the development of bank regulation and supervision, its introduction of a more risk-based approach to supervision. The Guide to Risk-Based Supervision sets out approaches to risk assessment and risk mitigation based on international practices. The key risks identified in the Myanmar context include legal, regulatory and reputational risk, strategic risk and group and related parties' risk as well as credit, market, operational, and liquidity risks. The CBM is implementing the new approach over the period until 2020. While perfecting a complete risk-based approach will take years, the CBM is committed to implementation and is already undertaking risk assessments using the new risk matrix tool as examinations come due.
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Fysisk beskrivelse:1 online resource (22 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students