Mexico : detailed assessment of observance of Basel core principles / International Montery Fund, Monetary and Capital Markets Dept., World Bank, Financial Sector Vice Presidency
Cover; Contents; Executive Summary; I. General; A. Information and Methodology Used for Assessment; B. Previous FSAP BCP Assessment; Box; 1. Actions Undertaken to Implement Recommendations of the 2006 FSAP Update; C. Principle-by-Principle Assessment; Tables; 1. Summary Compliance of the Basel Core Principles; 2. Detailed Assessment of Compliance with the Basel Core Principles; 3. Recommended Actions
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
Notes
Title from PDF title page (IMF Web site, viewed March 30, 2012)
