Brazil : Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

Author/Editor:

International Monetary Fund

Publication Date:

July 31, 2012

Electronic Access:

Free Full Text (PDF file size is 912 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This report is a detailed assessment of Brazil’s compliance with the Basel Core Principles. Brazil has a well-defined banking supervision process that grants the Banco Central do Brasil (BCB) broad enforcement powers to carry out corrective actions. The licensing process has been enhanced, and considerable improvements have been implemented with regards to debt collection by the BCB. The authorities have adopted strategies to improve compliance measures. Corrective and remedial powers of supervisors have been streamlined. Consultations are under way for implementing Basel-III.

Series:

Country Report No. 12/207

Subject:

English

Publication Date:

July 31, 2012

ISBN/ISSN:

9781475506730/1934-7685

Stock No:

1BRAEA2012004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

101

Please address any questions about this title to publications@imf.org