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

Publication Date: July 17, 2012
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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
Frequency: Annually
Subject(s): Bank supervision | Banking sector | Basel Core Principles | Credit risk | Financial Sector Assessment Program | Reports on the Observance of Standards and Codes | Risk management

Publication Date: July 17, 2012
ISBN/ISSN: 9781475506181/1934-7685 Format: Paper
Stock No: 1CZEEA2012002 Pages: 101
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