Princeton University Library Catalog

Russian Federation: Financial Sector Assessment Program [electronic resource] : Detailed Assessment of Observance Basel Core Principles for Effective Banking Supervision (BCP).

Author:
International Monetary Fund. European Dept [Browse]
Format:
Book
Language:
English
Published/​Created:
Washington, D.C. : International Monetary Fund, 2016.
Description:
1 online resource (257 p.)
Series:
IMF Staff Country Reports [More in this series]
Summary note:
This paper evaluates observance of the Basel Core Principles for Effective Banking Supervision in the Russian Federation. The legal framework currently in place provides the Central Bank of Russia (CBR) with necessary powers and responsibilities. The CBR may authorize banks, conduct ongoing supervision, oversee compliance with laws, and undertake corrective action to address safety and soundness. Major new reforms increase many aspects of the CBR's duties and powers, although implementation has not yet been tested in all cases. The Russian licensing regime for banks appears exhaustive. However, the legal regime for major acquisitions was found to be weak.
Source of description:
Description based on print version record.
ISBN:
  • 1475538413 :
Doi:
  • 10.5089/9781475538410.002
Related name:
Other views:
Staff view