01728cas a2200241 a 4500 AALejournalIMF014191 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616359492 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Canada : Report on the Observance of Standards and Codes. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (67 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 paper discusses key findings of the Report on the Observance of Standards and Codes for Canada. Canada has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision. In response to the challenges and structure of its market, the Canadian banking supervisor (OSFI) has developed and is a strong proponent of risk-based, proportionate, supervisory practices and applies a 'close touch' approach to its supervised entities. The supervisory approach is well structured, forward looking and maintained on as dynamic a basis as possible. Entry to the Canadian market is subject to demanding prudential entry standards. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/030 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/030/002.2014.issue-030-en.xml IMF e-Library