Italy: Financial Sector Assessment Program — Detailed Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies: Banking Supervision
IMF Staff Country Reports, March 1, 2006
Source details
- Canonical URL
- Italy: Financial Sector Assessment Program — Detailed Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies: Banking Supervision
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Bibliographic details
- Published: March 1, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451819922.002
Assessment overview
- The paper presents a Detailed Assessment of the Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies (MFPT Code)—Banking Supervision for Italy.
- Banca d’Italia (BI) notes the assessment’s recognition of the very high degree of compliance of the Italian banking supervisory system with the MFPT Code.
Key findings
- The assessment highlights extensive information on banking supervision made publicly available through the annual report and other modes.
- BI cooperates with other domestic and foreign financial agencies in day-to-day activities through exchange of information and coordinated action.
- Overall characterization: "very high degree of compliance" with the MFPT Code.
Subjects and keywords (as listed)
- Subjects: Bank legislation, Bank supervision, Banking, Commercial banks, Financial institutions, Financial regulation and supervision, Financial statements, Legal support in revenue administration, Public financial management (PFM), Revenue administration
- Keywords: authority, Bank legislation, Bank supervision, BI accountability, BI bulletin, BI issues regulation, BI publication, BI share capital, BI statute, Commercial banks, CR, director general, Financial statements, financial system, ISCR, Legal support in revenue administration, procedure