01710cas a2200241 a 4500 AALejournalIMF005835 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809923 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cyprus : Financial Sector Assessment Program Update; Technical Note; Factual Update on Basel Core Principles for Effective Banking Supervision (Central Bank of Cyprus). Washington, D.C. : International Monetary Fund, 2009. 1 online resource (18 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This technical note examines Cyprus's factual update on the Basel Core Principles for Effective Banking Supervision for Cyprus. The 2006 directive on corporate governance provides that each commercial credit institution should have a robust internal governance framework. Although the level of activities of banks in Cyprus that can generate market risk remains low, the Central Bank of Cyprus issued bank guidelines on the management of market risk that include provisions on scenario analysis, stress testing, and contingency planning, as appropriate. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/167 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/167/002.2009.issue-167-en.xml IMF e-Library