Republic of Poland: Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

August 9, 2012

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Republic of Poland: Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision, (USA: International Monetary Fund, 2012) accessed September 19, 2024

Summary

The 2008 transition to the new banking supervisory framework in Poland has been relatively smooth, and the banking system has proven effective in weathering the financial crisis. This assessment focuses on the working of the Polish Financial Supervision Commission (KNF), which is responsible for banking supervision in Poland. KNF has undertaken numerous proactive measures to preserve financial sector stability during the crisis. As a priority, KNF’s interaction with bank auditors as well as with supervisory board members should also be strengthened.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Bank supervision, Banking, Commercial banks, Crime, Financial institutions, Financial regulation and supervision, Legal support in revenue administration, Operational risk, Revenue administration

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Bank supervision, BNP Paribas, Central bank, Commercial banks, Correspondent bank, CR, Credit union, Financial market, Global, Internal audit, ISCR, Legal support in revenue administration, National bank, Operational risk, Risk management, State bank

Publication Details

Pages:

130
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/232
Stock No:

1POLEA2012004
ISBN:

9781475506556
ISSN:

1934-7685

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