Showing 1 - 10 of 144
Cybersecurity risk is embedded in the CBB's supervisory framework, but additional enhancements are needed to formalize guidance and develop more intensive supervisory practices. Supervisory expectations on cybersecurity are presented in an informal guidance note, which should be formalized into...
Persistent link: https://www.econbiz.de/10012302373
Norway has made substantial progress in strengthening its framework for financial crisis management and bank safety …
Persistent link: https://www.econbiz.de/10012302812
This paper discusses how Financial Sector Assessment Program (FSAP) stress test assesses the resilience of the banking sector as a whole rather than the capital adequacy of individual institutions. The FSAP approach to stress testing is essentially macroprudential: it focuses on resilience of...
Persistent link: https://www.econbiz.de/10011675327
This paper summarizes the assessment of interconnectedness and systemic risk undertaken for the U.K. financial system as part of the Financial Sector Assessment Program. It consists of three parts, focusing on the following: (1) motivation for monitoring cross-sector interconnectedness as part...
Persistent link: https://www.econbiz.de/10011675335
This paper discusses the Bank of England's (BoE's) stress testing program, including both the concurrent stress test and the stress testing done by the banks through the Internal Capital Adequacy Assessment Process, though with a clear focus on the former. The stress test is meant to generate...
Persistent link: https://www.econbiz.de/10011675337
Persistent link: https://www.econbiz.de/10003839926
Hong Kong SAR has significantly strengthened its crisis management arrangements through a thorough update of the …
Persistent link: https://www.econbiz.de/10012604075
The Italian financial safety net and crisis-management framework has been substantially strengthened since the 2013 …
Persistent link: https://www.econbiz.de/10012266788
Finland in the area of contingency planning and crisis management (CPCM). Finland's CPCM framework rests on a strong … oversight agencies, which can help in times of crisis. Furthermore, the Finnish financial oversight architecture ensures the …. The clear separation of functions also helps crisis preparedness. Moreover, Finland also has a strong tradition of testing …
Persistent link: https://www.econbiz.de/10011690688
This Technical Assistance Report evaluates the banking sector safety net and crisis management in Botswana. The current … legislative framework guiding bank resolution and financial sector crisis management is weak, and the authorities have embarked on …
Persistent link: https://www.econbiz.de/10011691263