European Parliament Library

Mexico :, Financial Sector Assessment Program Update: Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision

Abstract
This paper presents a Detailed Assessment of Mexico’s compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision. Fiscal consolidation reduced the gross public debt-to-GDP ratio to below 50 percent, providing the foundations for a monetary policy able to bring inflation down to less than 4 percent, in the context of a floating exchange rate. These improvements have contributed to Mexico’s achievement of investment-grade rating, uninterrupted access to capital at low cost, and resilience to shocks, such as the Russian crisis
Table Of Contents
Cover; Contents; Glossary; I. Basel Core Principles; A. General; B. Institutional and Macroprudential Setting, Market Structure-Overview; C. General Preconditions for Effective Banking Supervision; D. Main Findings; Tables; 1. Detailed Assessment of Compliance of the Basel Core Principles for Effective Banking Supervision; 2. Summary of Compliance with Basel Core Principles; 3. Recommended Action Plan to Improve Compliance of the Basel Core Principles
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (43 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452738697

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