Republic of Poland: Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

International Monetary Fund

No 2012/232, IMF Staff Country Reports from International Monetary Fund

Abstract: The 2008 transition to the new banking supervisory framework in Poland has been relatively smooth, and the banking system has proven effective in weathering the financial crisis. This assessment focuses on the working of the Polish Financial Supervision Commission (KNF), which is responsible for banking supervision in Poland. KNF has undertaken numerous proactive measures to preserve financial sector stability during the crisis. As a priority, KNF’s interaction with bank auditors as well as with supervisory board members should also be strengthened.

Keywords: ISCR; CR; risk management; credit union; central bank; correspondent bank; state bank; national bank; financial market; internal audit; BNP Paribas; Legal support in revenue administration; Commercial banks; Anti-money laundering and combating the financing of terrorism (AML/CFT); Bank supervision; Operational risk; Global (search for similar items in EconPapers)
Pages: 130
Date: 2012-08-09
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=26164 (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:2012/232

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 ().