Bosnia and Herzegovina: Financial Sector Assessment Program - Banking Sector Supervision Core Principles Implementation Update

Bosnia and Herzegovina: Financial Sector Assessment Program - Banking Sector Supervision Core Principles Implementation Update—Technical Note

August 3, 2015

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Bosnia and Herzegovina: Financial Sector Assessment Program - Banking Sector Supervision Core Principles Implementation Update—Technical Note, (USA: International Monetary Fund, 2015) accessed November 23, 2024

Summary

This Technical Note presents an update on Banking Sector Supervision Core Principles Implementation in Bosnia and Herzegovina. The system of banking supervision oversight has significantly improved since the last review in 2006, but shortcomings remain. Both supervisory authorities have made progress in enhancing the regulatory framework and supervisory processes since the 2006 Financial Sector Assessment Program. The banking agencies are in the process of preparing a new Law on Banks that should address deficiencies in the supervisory powers, resolution tools, and consolidated supervision. Comprehensive regulations on risk management have been drafted that will address remaining deficiencies that are highlighted in this assessment.

Subject: Bank legislation, Bank supervision, Banking, Commercial banks, External audit, Financial institutions, Financial regulation and supervision, Market risk, Public financial management (PFM)

Keywords: Bank entity, Bank legislation, Bank performance, Bank performance report, Bank subsidiary, Bank supervision, Bank's risk profile, Commercial banks, CR, External audit, Financial condition, Global, ISCR, Management body, Market risk, Parent bank, Parent bank support, Problem bank, Risk profile, Use of stress testing

Publication Details

Pages:

144
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/214
Stock No:

1BIHEA2015004
ISBN:

9781513551616
ISSN:

1934-7685

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