Italy : Report on the Observance of Standards and Codes

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

September 27, 2013

Electronic Access:

Free Full text (PDF file size is 615 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Report on Observance of Standards and Codes (ROSC) for Italy summarizes the findings and recommendations of the fiscal assessment of Italy’s economic policies. It highlights that while raising the bar for banking supervision, the Core Principles must be capable of application to a wide range of jurisdictions. The new methodology reinforces the concept of proportionality, both in terms of the expectations on supervisors and in terms of the standards that supervisors impose on banks. It recommends that a group-focused supervisory approach for the nationally significant insurers and sophisticated offsite monitoring together with ad hoc inspections for smaller entities is required.

Series:

Country Report No. 13/301

Subject(s):

English

Publication Date:

September 27, 2013

ISBN/ISSN:

9781484346754/1934-7685

Stock No:

1ITAEA2013004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

55

Please address any questions about this title to publications@imf.org