San Marino: Financial Sector Assessment Program-Detailed Assessment of Basel Core Principles for Effective Banking Supervision
IMF Staff Country Reports, October 20, 2010
Source details
- Canonical URL
- San Marino: Financial Sector Assessment Program-Detailed Assessment of Basel Core Principles for Effective Banking Supervision
Other formats
Bibliographic details
- Published: October 20, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455208708.002
Overview and Context
- Assessment requested by the Central Bank of San Marino (CBSM).
- Assessment undertaken in November 2009 in the context of the Financial Sector Assessment Program (FSAP).
- The mission followed the 2006 Core Principles methodology.
- Publication date on landing page: October 20, 2010.
- Publication type: IMF Staff Country Reports, Country Report No. 2010/319, Issue 319, Volume 2010.
- Pages: 52.
- DOI: https://doi.org/10.5089/9781455208708.002
- ISBN: 9781455208708
- ISSN: 1934-7685
- Stock No: 1SMREA2010005
Key Findings
- The banking sector dominates the financial sector.
- San Marino’s macroeconomic policy is generally sustainable.
- San Marino has engaged in a substantial economic reform effort since 2005 to increase market discipline.
- The CBSM should address governance issues in banks.
Thematic Subjects Covered
- Banking
- Basel Core Principles
- Capital adequacy requirements
- Financial regulation and supervision
- Financial services
- Market risk
- Operational risk
Keywords and Technical Terms Preserved
- banking system
- Basel Core Principles
- beneficial owner
- board of directors
- Capital adequacy requirements
- capital ratio
- CBSM state
- CBSM statute
- central bank
- country risk
- CR
- decision-making authority
- Europe
- Global
- internal audit
- ISCR
- Market risk
- Operational risk
- risk assessment
- risk management
- Sammarinese bank
San Marino: Financial Sector Assessment Program-Detailed Assessment of Basel Core Principles for Effective Banking Supervision, IMF Staff Country Report No. 2010/319 (October 20, 2010).