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

Author/Editor:

International Monetary Fund

Publication Date:

July 17, 2012

Electronic Access:

Free Full Text (PDF file size is 818 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents detailed assessment of the Czech Republic’s compliance with Basel Core Principles (BCPs) for effective banking supervision. Many earlier weaknesses have been addressed, either through domestic measures or by implementing European Union-wide rules and regulations. An overarching weakness is the insufficiency of staff resources for supervision. The nonfinancial corporate sector’s financial indicators are relatively sound, but the macroeconomic uncertainty weighs on the prospects. Property prices have substantially declined since 2008 reflecting subdued demand.

Series:

Country Report No. 12/172

Subject:

Frequency:

Annually

English

Publication Date:

July 17, 2012

ISBN/ISSN:

9781475506181/1934-7685

Stock No:

1CZEEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

101

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