Georgia Financial Sector Assessment Program : Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

Georgia Financial Sector Assessment Program : Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision / International Monetary Fund. Monetary and Capital Markets Department.

There have been significant improvements in both the quality of regulation and thesupervisory approach since the 2007 FSAP. Many amendments to existing laws, new laws, and regulations have been introduced, aimed at addressing shortfalls identified in the 2007 FSAP. These improvements will be evident...

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department (Author)
Format: eBook
Language:English
Published: Washington, District of Columbia : International Monetary Fund, 2015.
Series:IMF country report ; no. 15/10.
Subjects:
International Monetary Fund > Georgia.
National Bank of Georgia.
International Monetary Fund
National Bank of Georgia
Banks and banking > State supervision > Georgia.
Banking law > Georgia.
Financial institutions > State supervision > Georgia.
Financial institutions > Law and legislation > Georgia.
BUSINESS & ECONOMICS > Finance.
Banking law
Banks and banking > State supervision
Financial institutions > Law and legislation
Financial institutions > State supervision
Georgia
Online Access:Click for online access
Description
Summary:There have been significant improvements in both the quality of regulation and thesupervisory approach since the 2007 FSAP. Many amendments to existing laws, new laws, and regulations have been introduced, aimed at addressing shortfalls identified in the 2007 FSAP. These improvements will be evident throughout this assessment. At the same time, a number of weaknesses have been identified. Among these is an operational risk within the NBG's own Banking Supervisory Department. There has been a very high level of staff turnover in recent years due to a lack of salary competitiveness vis-à-vis the.
Physical Description:1 online resource (216 pages) : illustrations, tables
ISBN:9781484365748
1484365747
1484316754
9781484316757
Language:English.
Source of Description, Etc. Note:Online resource; title from PDF cover (ebrary, viewed March 6, 2015).

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