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Euro Area Policies : Financial Sector Assessment Program
Technical Note-Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

Series:Country Report No. 18/233
ISBN 9781484369715
Code: #1EUREA2018010

Publication year: 2018

Cdn: $23.50; US: $18.00
Language: English
342 pages
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The SSM (SSM) has made a solid start. Set up a little over three years ago, the SSM has developed into a coherent banking supervision mechanism operating across the 19 Euro Area Member States. Banking supervision at the European Central Bank (ECB) is underpinned by a clear mandate and independence from government or industry interference in individual supervisory decisions. Its well-defined supervisory methodology and processes - complemented by committed staff—have laid the foundations for more forward-looking, pre-emptive, and even-handed supervision. This is a noteworthy achievement for the Euro Area.
Euro Area Policies : Financial Sector Assessment Program
Cdn: $23.50; US: $18.00
International Monetary Fund (IMF) BookID: 123312 Added: 2018.8.5