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

Publication Date: July 31, 2012
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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(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 31, 2012
ISBN/ISSN: 9781475506730/1934-7685 Format: Paper
Stock No: 1BRAEA2012004 Pages: 101
US$18.00 (Academic Rate:
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