Germany : Financial Sector Assessment Program: Detailed Assessment of Observance on Basel Core Principles for Effective Banking Supervision.

The design of the German banking supervision framework is structurally sound, with a robust legislative and operational framework that largely complies with the Basel Core Principles for effective banking supervision (BCP). Various improvements to the German supervisory framework have been implement...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Staff Country Reports; Country Report ; No. 2011/273
Online Access:Full text available on IMF
Description
Summary:The design of the German banking supervision framework is structurally sound, with a robust legislative and operational framework that largely complies with the Basel Core Principles for effective banking supervision (BCP). Various improvements to the German supervisory framework have been implemented, acting on multiple recommendations and initiating improvements in supervisory practices on the basis of lessons from the global financial crisis. Further efforts are needed to make fully operational the improvements initiated in light of the lessons from the global financial crisis.
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Physical Description:1 online resource (128 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students