France: Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision

July 1, 2013

Preview Citation

Format: Chicago

France: Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision, (USA: International Monetary Fund, 2013) accessed November 23, 2024

Summary

This paper discusses key findings of the Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision for France. The assessment was completed as part of a Financial Sector Assessment Program (FSAP) undertaken by the IMF during 2012. The assessment reveals that France has a well-developed public infrastructure supporting effective banking supervision. It has a complete system of business laws, consistently enforced. Accounting standards for listed companies and other consolidated accounts have been prepared to International Financial Reporting Standards (IFRS), as adopted by the European Union.

Subject: Banking, Capital adequacy requirements, Credit, Credit risk, Financial regulation and supervision, Internal controls, Market risk, Money, Operational risk, Revenue administration

Keywords: ACP staff, Business plan, CR, Credit, Credit institution, Credit risk, Financial market, Global, Internal controls, ISCR, Market risk, Operational risk, Parent company, Risk assessment, Risk management

Publication Details

Pages:

131
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/180
Stock No:

1FRAEA2013002
ISBN:

9781475541953
ISSN:

1934-7685

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