Republic of Lithuania: Financial Sector Assessment Program Update-Technical Note-Basel Core Principles of Effective Banking Supervision Assessment

International Monetary Fund

No 2008/246, IMF Staff Country Reports from International Monetary Fund

Abstract: 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. It was found that banking supervision arrangements in Lithuania were of a high standard and either fully or largely complied with the Core Principles. On one Core Principle, Lithuania was judged to be noncompliant at that time, which concerned the lack of explicit legal protection for Bank of Lithuania board members and supervisory staff.

Keywords: ISCR; CR; BoL staff; parent bank; licensing regime; validation process; IRB model; managing board; Lithuanian bank; bank share; Basel Core Principles; Bank legislation; Bank supervision; Capital adequacy requirements; Operational risk (search for similar items in EconPapers)
Pages: 18
Date: 2008-07-23
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=22198 (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:2008/246

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 ().