{
  "title": "Republic of Lithuania: Financial Sector Assessment Program Update-Technical Note-Basel Core Principles of Effective Banking Supervision Assessment",
  "publication": "IMF Staff Country Reports, July 23, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/republic-of-lithuania-financial-sector-assessment-program-update-technical-note-basel-core-22198",
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  "summary": "This Technical Note presents a targeted review and a follow-up on the implementation of the recommendations of the 2002 assessment of Lithuania’s compliance with the Basel Core Principles for Effective Banking Supervision.",
  "sections": [
    {
      "heading": "Summary of purpose and scope",
      "content": "- This Technical Note presents a targeted review and a follow-up on the implementation of the recommendations of the 2002 assessment of Lithuania’s compliance with the Basel Core Principles for Effective Banking Supervision.\n- Publication date: July 23, 2008.\n- Series: Country Report No. 2008/246.\n- Pages: 18."
    },
    {
      "heading": "Key findings",
      "content": "- Banking supervision arrangements in Lithuania were of a high standard and either fully or largely complied with the Core Principles.\n- On one Core Principle, Lithuania was judged to be noncompliant at that time; the noncompliance concerned the lack of explicit legal protection for Bank of Lithuania board members and supervisory staff."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Bank legislation, Bank supervision, Banking, Basel Core Principles, Capital adequacy requirements, Financial regulation and supervision, Operational risk.\n- Keywords: Bank legislation, bank share, Bank supervision, Basel Core Principles, BoL staff, Capital adequacy requirements, CR, IRB model, ISCR, licensing regime, Lithuanian bank, managing board, Operational risk, parent bank, validation process.\n\n---\n\n Content in this bundle\n\n- 1.  Reco\n  - 1.  Reco (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1.  Reco (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 23, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451824209.002",
    "This Technical Note presents a targeted review and a follow-up on the implementation of the recommendations of the 2002 assessment of Lithuania’s compliance with the Basel Core Principles for Effective Banking Supervision.",
    "Publication date: July 23, 2008.",
    "Series: Country Report No. 2008/246.",
    "Pages: 18.",
    "On one Core Principle, Lithuania was judged to be noncompliant at that time; the noncompliance concerned the lack of explicit legal protection for Bank of Lithuania board members and supervisory staff.",
    "Subject: Bank legislation, Bank supervision, Banking, Basel Core Principles, Capital adequacy requirements, Financial regulation and supervision, Operational risk.",
    "Keywords: Bank legislation, bank share, Bank supervision, Basel Core Principles, BoL staff, Capital adequacy requirements, CR, IRB model, ISCR, licensing regime, Lithuanian bank, managing board, Operational risk, parent bank, validation process.",
    "**1.  Reco**"
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