European Parliament Library

Austria, Financial Sector Assessment Program Update Technical Note - Factual Update and Analysis of the Basel Core Principles for Effective Banking Supervision, International Monetary Fund

Abstract
This technical note highlights the financial sector assessment program update of Austria with factual update for effective banking supervision. Financial sector regulation and supervision should be conducted in the general public interest. Although authorities have acted effectively in recent cases of major problems, it is recommended that, within the legal framework in place, a set of practical provisions and procedures be elaborated for an orderly exit in case of failures and other stress situations
Table Of Contents
Cover; Contents; Glossary; I. Introduction; II. Overview; III. BCP Update; A. Independence, Accountability and Transparency (BCP 1.2); B. Legal Framework (BCP 1.3); C. Legal Protection (BCP 1.5); D. Cooperation (BCP 1.6); E. Permissible Activities (BCP 2); F. Licensing Criteria (BCP 3); G. Major Acquisitions (BCP 5); H. Capital Adequacy (BCP 6); I. Risk Management Processes (BCP 7); J. Types of Risks (BCP 8 to 16); K. Internal Control and Internal Audit (BCP 17); L. Abuse of the Financial Services (BCP 18); M. Supervisory Process (BCP 19-21); N. Accounting and Disclosure (BCP 22)
Language
eng
Literary Form
non fiction
Copyright
Edition
First edition.
Note
Description based upon print version of record
Physical Description
1 online resource (21 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613743121

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow