Republic of Kazakhstan: Technical Assistance Report-Risk-Based Supervision Pillar 2 Implementation
IMF Staff Country Reports, March 1, 2022
Source details
- Canonical URL
- Republic of Kazakhstan: Technical Assistance Report-Risk-Based Supervision Pillar 2 Implementation
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Bibliographic details
- Published: March 1, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400203343.002
Overview
- This virtual technical assistance (TA) mission supported the Agency in strengthening certain elements of its risk based supervisory framework.
- Date of publication: March 1, 2022
- Publication series: IMF Staff Country Reports
Mission focus and activities
- Assisted the Agency with development of internal supervisory methodologies for:
- assessing a bank’s ICAAP
- setting individual Pillar 2 supervisory capital requirements
- Provided recommendations and targeted training.
- The mission benefited from simultaneous translation.
Key findings and outputs
- Strengthened specific elements of the Agency’s risk based supervisory framework.
- Developed draft/internal supervisory methodologies related to:
- ICAAP assessment
- Pillar 2 supervisory capital requirements
- Delivered targeted training to Agency staff.
Priorities discussed for next TA missions
- Strengthening banking supervision and cybersecurity.
- Diagnostic TA of insurance sector supervision will be considered.
Subject areas and keywords
- Subjects: Capital adequacy requirements, Commercial banks, Corporate governance, Economic sectors, Financial institutions, Financial regulation and supervision, Internal controls, International organization, Monetary policy, Operational risk, Revenue administration, Risk-based supervision
- Keywords: authoring department, bank's ICAAP, Capital adequacy requirements, Commercial banks, Corporate governance, draft methodology, ICAAP assessment, ICAAP documentation, Internal controls, Operational risk, process documentation, risk profile, Risk-based supervision, staff team of the International Monetary Fund, structure of the banking sector
Content in this bundle
- 1kazea2022002 - Preface