Lao People’s Democratic Republic: Technical Assistance Report-The Development of Risk-Based Supervision

May 31, 2018

Preview Citation

Format: Chicago

Lao People’s Democratic Republic: Technical Assistance Report-The Development of Risk-Based Supervision, (USA: International Monetary Fund, 2018) accessed December 26, 2024

Summary

This Technical Assistance Report discusses the main findings and recommendations made by the IMF Mission regarding the development of risk-based supervision (RBS) in the Lao People’s Democratic Republic. Over the past few months, the Bank of Lao has made great strides in preparing for implementation of risk-based supervision of banks. A new supervisory manual reflecting key principles of risk-based approach to supervision has been drafted. The new draft template of the Report of Onsite Examination is broadly in line with the past technical assistance recommendations. Some improvements could support the analysis of trends over longer periods of time, and emphasize exceptions to prudential and/or regulatory norms. Planning an onsite examination using new RBS methods is a logical next step.

Subject: Bank legislation, Bank supervision, Banking, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial soundness indicators, Foreign banks, Risk-based supervision

Keywords: Bank, Bank legislation, Bank management, Bank supervision, BoL, BSD, BSD manager, BSD staff, CR, Financial soundness indicators, Foreign banks, ISCR, RBS method, RBS onsite examination procedure, Risk-based supervision, Staff

Publication Details

Pages:

18
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/139
Stock No:

1LAOEA2018002
ISBN:

9781484358849
ISSN:

1934-7685

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