France: Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision
July 1, 2013
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This paper discusses key findings of the Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision for France. The assessment was completed as part of a Financial Sector Assessment Program (FSAP) undertaken by the IMF during 2012. The assessment reveals that France has a well-developed public infrastructure supporting effective banking supervision. It has a complete system of business laws, consistently enforced. Accounting standards for listed companies and other consolidated accounts have been prepared to International Financial Reporting Standards (IFRS), as adopted by the European Union.
Subject: Banking, Capital adequacy requirements, Credit, Credit risk, Financial regulation and supervision, Internal controls, Market risk, Money, Operational risk, Revenue administration
Keywords: ACP staff, business plan, CR, Credit, credit institution, Credit risk, financial market, Global, Internal controls, ISCR, Market risk, Operational risk, parent company, risk assessment, risk management
Pages:
131
Volume:
2013
DOI:
Issue:
180
Series:
Country Report No. 2013/180
Stock No:
1FRAEA2013002
ISBN:
9781475541953
ISSN:
1934-7685
