France: Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

IMF Staff Country Reports, July 1, 2013

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France: Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

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Bibliographic details

• Published: July 1, 2013
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781475541953.002

Executive summary and key findings

• The assessment was completed as part of a Financial Sector Assessment Program (FSAP) undertaken by the IMF during 2012.
• The assessment reveals that France has a well-developed public infrastructure supporting effective banking supervision.
• France has a complete system of business laws, consistently enforced.
• Accounting standards for listed companies and other consolidated accounts have been prepared to International Financial Reporting Standards (IFRS), as adopted by the European Union.

Analytical scope and focus areas

• The assessment evaluates observance of the Basel Core Principles for Effective Banking Supervision.
• Subject areas covered: Banking; Capital adequacy requirements; Credit; Credit risk; Financial regulation and supervision; Internal controls; Market risk; Money; Operational risk; Revenue administration.

Keywords and thematic tags

• ACP staff
• business plan
• CR
• Credit
• credit institution
• Credit risk
• financial market
• Global
• Internal controls
• ISCR
• Market risk
• Operational risk
• parent company
• risk assessment
• risk management

Content in this bundle

• cr13180 — Summary Compliance with the Basel Core Principles—Detailed Assessments
  • cr13180 — Summary Compliance with the Basel Core Principles—Detailed Assessments (Markdown version)
  • cr13180 — Summary Compliance with the Basel Core Principles—Detailed Assessments (PDF)