Canada: Report on the Observance of Standards and Codes

 
 
Publication Date: February 03, 2014
 
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Summary: This paper discusses key findings of the Report on the Observance of Standards and Codes for Canada. Canada has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision. In response to the challenges and structure of its market, the Canadian banking supervisor (OSFI) has developed and is a strong proponent of risk-based, proportionate, supervisory practices and applies a “close touch” approach to its supervised entities. The supervisory approach is well structured, forward looking and maintained on as dynamic a basis as possible. Entry to the Canadian market is subject to demanding prudential entry standards.
 
Series: Country Report No. 14/30
Subject(s): Financial Sector Assessment Program | Basel Core Principles | Bank supervision | Insurance | Securities regulations | Securities markets | Reports on the Observance of Standards and Codes | Canada

 
English
Publication Date: February 03, 2014
ISBN/ISSN: 9781616359492/1934-7685 Format: Paper
Stock No: 1CANEA2014004 Pages: 67
Price:
US$18.00 (Academic Rate:
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