The Bahamas: Financial Sector Assessment Program-Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision
IMF Staff Country Reports, July 1, 2019
Source details
- Canonical URL
- The Bahamas: Financial Sector Assessment Program-Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision
Other formats
Bibliographic details
- Published: July 1, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498323284.002
Summary
- The Bank Supervision Department (BSD) of the Central Bank of the Bahamas (CBoB) has a generally effective supervisory program in place for the size and complexity of the Bahamian banking system.
- Since the prior FSAP in 2012, clear progress has been made enhancing the framework in a number of areas as well as in the execution of its supervision program.
- CBoB supervision continues to evolve in a number of positive directions, with most of the areas viewed by assessors as warranting enhancements included in the execution of the program.
Major themes and subject areas covered
- Banking
- Corporate governance
- Credit risk
- External audit
- Financial regulation and supervision
- Internal audit
- Market risk
- Operational risk
- Public financial management (PFM)
Keywords (as provided)
- Caribbean
- CR
- credit risk
- Credit risk
- External audit
- Global
- internal audit
- Internal audit
- ISCR
- Market risk
- Operational risk
- risk assessment
- risk management
- risk profile
- senior management
Access and related program context
- Related program: Financial Sector Assessment Program (FSAP)
- Related entity: The Bahamas and the IMF
International Monetary Fund. Monetary and Capital Markets Department "The Bahamas: Financial Sector Assessment Program-Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision", IMF Staff Country Reports 2019, 200 (2019), accessed 9/9/2026, https://doi.org/10.5089/9781498323284.002
Content in this bundle
- 1bhsea2019003