Mexico: Detailed Assessment of Observance of Basel Core Principles

March 30, 2012

Preview Citation

Format: Chicago

Mexico: Detailed Assessment of Observance of Basel Core Principles, (USA: International Monetary Fund, 2012) accessed September 20, 2024

Summary

This paper presents a detailed assessment of the observance of Mexico’s compliance with the Basel Core Principles. The Comision Nacional Bancaria y de Valores (CNBV) has achieved a fundamental step forward in implementing a complete Pillar I capital adequacy regime that is consistent with the Basel Committee standards. Capital ratios have remained strong and above the regulatory minimum, supported by a rigorously applied forward-looking loan provisioning regime. Important institutional issues outside the control of senior management in the CNBV threaten the sustainability of the above achievements.

Subject: Banking, Capital adequacy requirements, Credit risk, Financial regulation and supervision, Internal audit, Market risk, Operational risk, Public financial management (PFM)

Keywords: Banking group, Board of directors, Capital adequacy requirements, Country risk, CR, Credit risk, Credit risk, Financial system, Global, Interest rate, Internal audit, ISCR, Market risk, Operational risk, Risk management, Risk profile, Senior management

Publication Details

Pages:

153
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/066
Stock No:

1MEXEA2012002
ISBN:

9781475502763
ISSN:

1934-7685

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