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Book Cover
E-book
Author International Monetary Fund. Monetary and Capital Markets Department.

Title Brazil : Financial Sector Assessment Program-Detailed Assessment of Observance - Basel Core Principles for Effective Banking Supervision
Published Washington, D.C. : International Monetary Fund, 2018

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Description 1 online resource (348 pages)
Series IMF Staff Country Reports
IMF staff country report (Online) ; no. 18/340
Summary The Central Bank of Brazil (BCB) has shown a determined commitment to enhancing its standards and practices of banking supervision. Changes in the thinking and practices of the BCB's supervision are not limited to responses to the demands of the international regulatory reform agenda. Overall, the BCB has been guided by the principle of integration, both in terms of the expectations that it places on its own internal operations but on the standards it expects the financial institutions to meet in governing their own risks and activities. One example is the BCB's innovative and challenging work in the field of contagion analysis at the systemic level which is a perspective it also seeks to embed in its analysis of contagion risk in its prudential work at firm level. Boosting staff levels in conduct supervision, introducing a form of twin peaks, contagion risk analysis, and the prudential conglomerate approach also exemplify welcome developments
Notes Print version record
Subject Financial institutions -- Brazil
Financial institutions
Brazil
Brazil.
Form Electronic book
ISBN 1484387503
9781484387504