Russian Federation: Targeted Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

International Monetary Fund

No 2011/336, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper focuses on targeted detailed assessment of observance of the Basel Core Principles for effective banking supervision. The selection of the principles to be reassessed was made by the mission team based on an analysis of the risks and vulnerabilities of the Russian Federation. It was revealed that the Central Bank of Russia (CBR) Law does not establish requirements for banks to seek prior CBR approval when making domestic investments in nonbank financial institutions.

Keywords: ISCR; CR; risk management; board of directors; holding company; banking group; central bank; capital adequacy ratio; financial condition; credit risk; Correspondent banking; Credit; Capital adequacy requirements; Anti-money laundering and combating the financing of terrorism (AML/CFT); Credit risk; Global (search for similar items in EconPapers)
Pages: 104
Date: 2011-11-29
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=25387 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2011/336

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().