IMF Staff Country Reports

Gibraltar: Detailed Assessment Report of Observance of the Basel Core Principles

May 21, 2007

Download PDF

Preview Citation

Format: Chicago

Gibraltar: Detailed Assessment Report of Observance of the Basel Core Principles, (USA: International Monetary Fund, 2007) accessed September 19, 2024

Summary

Gibraltar’s Detailed Assessment Report of the Observance of the Basel Core Principles is examined. The principal risks are reputational risk, both for the Gibraltar authorities and for the banks, as the bulk of the assets managed are off the balance sheet with the investment risk carried by the client. Credit risk is largely limited to residential mortgage lending and is heightened by the rapid rise in prices both in Southern Spain and in Gibraltar itself.

Subject: Bank supervision, Banking, Basel Core Principles, Capital adequacy requirements, Credit, Financial regulation and supervision, Financial services, Money

Keywords: Applicant bank, Bank management, Bank policy, Bank supervision, Banking group, Banks in Gibraltar, Basel Core Principles, Capital adequacy requirements, CR, Credit, EU bank accounting directive, EU institution, Framework description, FSC practice, FSC staff, Global, ISCR, Parent bank, Risk assessment, Supervision framework

Publication Details

  • Pages:

    25

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/155

  • Stock No:

    1GIBEA2007002

  • ISBN:

    9781451815061

  • ISSN:

    1934-7685