01714cas a2200241 a 4500 AALejournalIMF006910 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455212767 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Detailed Assessment of Compliance on Basel Core Principles for Effective Banking Supervision. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (53 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 Banking supervision in South Africa has been effective in reducing the impact of the global financial crisis. The banks have remained profitable, and capital adequacy ratios have been maintained well above the regulatory minimum. The supervisory and regulatory framework has been strengthened substantially. A specific regulation dealing with country and transfer-risk regulation should be drafted. The registrar's remedial powers in banks should be strengthened. The Bank Supervision Department should expand its expertise in specialized areas such as operational risk and countering the abuse of financial services. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/353 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/353/002.2010.issue-353-en.xml IMF e-Library