Cyprus : Financial Sector Assessment Program Update: Technical Note: Factual Update on Basel Core Principles for Effective Banking Supervision: ASDCS

Author/Editor:

International Monetary Fund

Publication Date:

June 1, 2009

Electronic Access:

Free Full text (PDF file size is 422 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This technical note presents Cyprus’s Financial Sector Assessment Program Update. The authority has worked to enhance the quality of supervision, inter alia in the organizational area, upgrading the number of staff and staff expertise, and planning to intensify onsite supervision. A single supervisor for all banks operating in Cyprus could enhance the effectiveness and efficiency of supervision and could support the creation of a level playing for all banks.

Series:

Country Report No. 09/168

Subject:

English

Publication Date:

June 1, 2009

ISBN/ISSN:

9781451809930/1934-7685

Stock No:

1CYPEA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

18

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