Bulgaria : Financial Sector Assessment Program.

This paper discusses key findings and recommendations of the Detailed Assessment of Observance on the Basel Core Principles for Effective Banking Supervision on Bulgaria. Within the Banking Supervision Department, the Special Supervision Directorate (SSD) has been assigned multiple activities that g...

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Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund. Monetary and Capital Markets Department
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2015.
Σειρά:IMF Staff Country Reports; Country Report ; No. 2015/295
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:This paper discusses key findings and recommendations of the Detailed Assessment of Observance on the Basel Core Principles for Effective Banking Supervision on Bulgaria. Within the Banking Supervision Department, the Special Supervision Directorate (SSD) has been assigned multiple activities that go beyond its primary objective of ensuring integrity in the banking sector. The Bulgarian National Bank is not empowered to require a bank to change its internal organization or structure. It is recommended to refocus the activity of the SSD on its core mandate of financial integrity. This recommendation can be achieved by assigning nonsupervisory activities to other Directorates, preferably outside the Banking Supervision Department.
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Φυσική περιγραφή:1 online resource (244 pages)
Μορφή:Mode of access: Internet
ISSN:1934-7685
Πρόσβαση:Electronic access restricted to authorized BRAC University faculty, staff and students