European Parliament Library

Canada :, Report on the Observance of Standards and Codes

This paper discusses key findings of the Report on the Observance of Standards and Codes for Canada. Canada has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision. In response to the challenges and structure of its market, the Canadian banking supervisor (OSFI) has developed and is a strong proponent of risk-based, proportionate, supervisory practices and applies a “close touch” approach to its supervised entities. The supervisory approach is well structured, forward looking and maintained on as dynamic a basis as possible. Entry to the Canadian market is subject to demanding prudential entry standards
Table Of Contents
Cover; CONTENTS; GLOSSARY; BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION; A. Summary; B. Introduction; C. Information and Methodology Used for Assessment; D. Key Findings; TABLES; 1. Summary of Compliance with BCPs; E. Recommendations; 2. Recommendations to Improve Observance of the BCPs; F. Authorities' Response; ASSESSMENT OF INSURANCE CORE PRINCIPLES; A. Summary; B. Introduction and Scope; C. Market and Institutional Setting; D. Key Findings; 3. Summary of Compliance with the ICPs; E. Recommendations; 4. Recommendations to Improve Observance of the ICPs; F. Authorities' Response
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (68 p.)
Specific Material Designation
Form Of Item

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