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A joint IMF-World Bank mission visited the Russian Federation from March 15 to 31, 2016, to conduct an assessment under the Financial Sector Assessment Program (FSAP). The mission assessed financial sector risks and vulnerabilities, assessed the quality of financial sector supervision, and...
Persistent link: https://www.econbiz.de/10012644832
. In the case of Russia, the main objective of insurance supervision is to ensure that insurers fully comply with core …
Persistent link: https://www.econbiz.de/10012644833
The overall state of financial inclusion in Russia is relatively advanced along certain basic metrics. The number of … increases experienced across all segments of the population, including for the poorest 40 percent and for women.1 Russia also …
Persistent link: https://www.econbiz.de/10012644834
the assessment of the national payment and settlement systems (NPS) infrastructure in Russia using the framework of … Assessment Program (FSAP) mission to Russia during March 15-30, 2016. The assessor was Gynedi Srinivas of the World Bank …'s Payment Systems Development Group. The assessor will like to thank the counterparts in Russia for their excellent cooperation …
Persistent link: https://www.econbiz.de/10012644835
well as responses to a questionnaire sent out in advance were provided by the Central Bank of Russia (CBR) before and … the sector will lead to a better performing insurance market.In the case of Russia, the main objective of insurance …
Persistent link: https://www.econbiz.de/10012644836
State-owned financial institutions fall into three main groups: commercial banks, hybrid banks, and development institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private commercial banks, these institutions do not have a...
Persistent link: https://www.econbiz.de/10012644837
Basel Core Principles (BCP) reflects the transitional nature of the supervisory practices in Russia at the time of the …
Persistent link: https://www.econbiz.de/10012246710
The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and...
Persistent link: https://www.econbiz.de/10012246711