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This technical note discusses anti-money laundering and combating the financing terrorism (AML-CFT) supervision of the banking sector in West African Economic and Monetary Union (WAEMU). The decision to focus on the AML/CFT supervision of the WAEMU banking sector was based on the remit of the...
Persistent link: https://www.econbiz.de/10015059340
The Technical Note focuses on sizeable mortgage exposures and persistent housing market imbalances. The review evaluated oversight of deposit-taking institutions (DTIs) in federal jurisdiction, as well as in British Columbia and Quebec. There are many good, well-functioning mechanisms in place...
Persistent link: https://www.econbiz.de/10014407889
This chapter on Financial Safety Net and Crisis Management for the Canada reviews the insurance sector's regulation and supervision. The paper highlights that Canada has a highly developed insurance market that is important to Canada's economy. Regulation and supervision of the insurance sector...
Persistent link: https://www.econbiz.de/10014407890
recommendations made in the Financial Sector Assessment Program for Canada in the areas of bank resolution and crisis management. The … sound financial sector policies have succeeded in preventing crisis situations. The last bank failure in Canada occurred …
Persistent link: https://www.econbiz.de/10014407892
This technical assistance report on The Bahamas analyses operationalizing the new bank resolution framework and amended … deposit insurance legislation-second mission. The Central Bank of the Bahamas (CBOB) has made good progress in implementing … institutions. The bank resolution law was strengthened in 2020 and provides the CBOB with the key resolution tools needed for an …
Persistent link: https://www.econbiz.de/10015059143
This technical assistance report on The Bahamas analyses operationalizing the new bank resolution framework and amended … effective bank recovery and resolution regime. The Central Bank of the Bahamas (CBOB) should strengthen the design of recovery … planning requirements. The institutional arrangements for bank resolution should be strengthened. The CBOB is responsible for …
Persistent link: https://www.econbiz.de/10015059144
for bank bankruptcy and resolution; resolution planning by the authorities; the funding mechanism to support resolution …
Persistent link: https://www.econbiz.de/10015059197
Chile has a large and well-developed financial system, compared with the rest of Latin America. The market is well integrated into the global financial system, with Chilean firms investing in foreign financial assets, either directly or via institutional investors, and foreigners participating...
Persistent link: https://www.econbiz.de/10015060125
largely effective in Ireland. The Central Bank's supervisory approach to LSIs is intrusive and well-developed supervisory …
Persistent link: https://www.econbiz.de/10015060230
bank recovery, resolution, and crisis preparedness regime in Ireland. It analyzes laws, policies, procedures, institutional … capacity and coordination arrangements for bank failure resolution and for managing financial distress and crises. The … assessment is focused on banks under the direct remit of the Central Bank of Ireland and does not evaluate the role played by the …
Persistent link: https://www.econbiz.de/10015060231