Canada : financial sector assessment program, intensity and effectiveness of federal bank supervision in Canada, technical note. / International Monetary Fund
Published
Washington, District of Columbia : International Monetary Fund, 2014
Cover; CONTENTS; THE QUALITY OF FINANCIAL SUPERVISION IN CANADA AND ITS CONTRIBUTION TO FINANCIAL STABILITY "REGULATION DIDN'T SAVE CANADA'S BANKS"; A. Introduction; B. Summary of Findings; C. Background; BOXES; 1. Sustaining Canada's Success; QUALITY OF SUPERVISION; A. Statutory Mandate; B. Operational Independence; C. Resources; D. Principles-based Supervision; E. Intensity of Supervision; F. OSFI's Conservative Approach; G. Scope of OSFI Supervision; 2. Large Credit Unions-Are They Domestic Systematically Important Financial Institutions?
COOPERATION AND COLLABORATION AMONG FINANCIAL REGULATORY AGENCIESA. Importance of Insulating Supervision from Political Interference; B. Canada Regulators Collaborate Closely with Government; C. Benefits of Canadian Approach to Regulatory Collaboration; NON-SUPERVISORY FACTORS; A. Structure and Conservatism of Canadian Bankers; FIGURES; 1. Basel Tier 1 Capital Ratio; 2. Leverage Ratio; GOVERNMENT SUPPORT OF RESIDENTIAL MORTGAGE LOAN MARKET; CONCLUSION; References
Summary
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries
