Canada: Financial Sector Assessment Program-Basel Core Principles for Effective Banking Supervision-Detailed Assessment of Observance

Publication Date: March 07, 2014
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Summary: This paper focuses on the IMF report on detailed assessment of observance of Basel Core Principles (BCP) for effective banking supervision in Canada. The Canadian banking supervisor (OSFI) adopts a close and cooperative approach that supports the close network of federal authorities in identifying and seeking to mitigate prudential risks to the federal system. As a world-leading regulator, OSFI could be expected to issue a comprehensive suite of risk management standards to be available to all banks, even if at a relatively high level or based largely on Basel Committee for Banking Supervision guidance.
Series: Country Report No. 14/71
Subject(s): Financial Sector Assessment Program | Bank supervision | Basel Core Principles | Banking sector | Reports on the Observance of Standards and Codes | Canada

Publication Date: March 07, 2014
ISBN/ISSN: 9781475523157/1934-7685 Format: Paper
Stock No: 1CANEA2014009 Pages: 239
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