Republic of Serbia: Financial Sector Assessment Program Update: Detailed Assessment of Basel Core Principles for Effective Banking Supervision

May 27, 2010

Preview Citation

Format: Chicago

Republic of Serbia: Financial Sector Assessment Program Update: Detailed Assessment of Basel Core Principles for Effective Banking Supervision, (USA: International Monetary Fund, 2010) accessed December 22, 2024

Summary

This paper discusses key findings of the Detailed Assessment of Basel Core Principles (BCPs) for Effective Banking Supervision on the Republic of Serbia. The assessment reveals that Serbia has made considerable progress toward enhanced compliance with the BCPs and with international standards. A major overhaul of the legal framework—the enactment of the new laws on banks in 2005 and the issuance of new regulations—has provided the basis for this improvement, which are reflected in upgraded scores for a considerable number of BCPs.

Subject: Bank legislation, Bank supervision, Banking, Basel Core Principles, Financial regulation and supervision, Market risk, Operational risk

Keywords: Bank legislation, Bank supervision, Banking law, Basel Core Principles, Country risk, CR, Credit risk, Global, Interest rate, ISCR, Market risk, NBS give priority, NBS inspector, NBS issues regulation, NBS management, NBS regulation, NBS staff, NBS-staff members, Operational risk, Parent bank, Reporting requirements, Requirements NBS monitors banks' exposure, Risk profile

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/148
Stock No:

1SRBEA2010004
ISBN:

9781455205646
ISSN:

1934-7685

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