Suchergebnisse

Cover -- CONTENTS -- Glossary -- EXECUTIVE SUMMARY -- BACKGROUND -- RISKS AND RESILIENCE -- A. Banking System Resilience -- B. Systemic Liquidity -- FINANCIAL STABILITY POLICY FRAMEWORK -- A. Macroprudential Policy -- B. Banking Supervision -- FINANCIAL SAFETY NETS -- DEVELOPMENTAL ISSUES -- FIGURES -- 1. Financial System Structure -- 2. Financial Soundness Indicators -- 3. FSI Cross-Country Comparison and Banks' Balance Sheet Compostion -- 4. Indicators of Macroeconomic and Financial Conditions -- 5. Forward Short-Term Interest Rates, Oil Prices, and Key Official Measures -- 6. Baseline and Adverse Solvency Stress Test Scenarios -- 7. Adverse Stress Test Scenario Results -- 8. Liquidity Coverage Ratio with Standard and with Augmented Runoff Rates -- TABLES -- 1. FSAP Key Recommendations -- 2. Selected Economic Indicators, 2013-2018 -- 3. Structure of Financial System -- 4. Financial Soundness Indicators -- 5. Status of Key Recommendations of the 2011 FSAP -- 6. Financial Sector Policy Advice in Recent Article IV Missions -- 7. Risk Assessment Matrix -- 8. Banking Sector Macroprudential Tools -- APPENDIX -- I. Top-Down Stress Test Matrix (STeM) for the Banking Sector: Solvency and Liquidity Risks.

Cover -- Contents -- Glossary -- Preface -- Executive Summary -- I. Introduction -- II. Background -- III. Institutional Arrangements -- A. Governance Frameworks in Support of Macroprudential Policy -- B. Interagency Cooperation -- C. Resourcing -- IV. Institutional Arrangements in Montenegro -- A. Governance Framework for Montenegro -- B. Interagency Cooperation in Montenegro -- C. Resourcing -- V. Operationalizing the Macroprudential Policy Framework -- A. Risk Monitoring and Analysis -- B. Prudential Policy Tools -- Tables -- 1. Key Recommendations -- 2. Intermediate Objectives, Potential Macroprudential Indicators and CBM Policy Tools -- Figures -- 1. Macroprudential Policy Cycle -- 2. Operationalizing Macroprudential Policy -- Appendix -- I. Institutional Models for Macroprudential Policymaking.

Cover -- CONTENTS -- Glossary -- EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS -- A. Background -- THE PLAN OF DEVELOPMENT FOR THE BULGARIAN NATIONAL BANK -- A. Governance of Banking Supervision -- B. Internal Organization of the Banking Supervision -- C. Institutional Framework for Crisis Management -- OTHER CORE PRINCIPLES REQUIRING FURTHER ACTION -- A. Banking Risks -- B. Bank Governance and Risk Management -- C. Supervisory Activities -- D. Asset Classification and Provisioning -- E. Other Relevant Core Principles -- BOX -- 1. Asset Quality Review -- FIGURES -- 1. Banking Supervision Department of Bulgarian National Bank -- 2. Establishment of Separate Directorates for Onsite and Offsite Supervision -- TABLES -- 1. Main Recommendations -- 2. Status of Recommendations - Supervisory Approach, Techniques and Tools (CPs 8 and 9) -- APPENDICES -- I . BNB Supervisory Development Plan -- II. Progress in Implementing Key Recommendations of the March 2015 Assessment of BCP Assessment -- III. Proposed Official Presumption Criteria.

Cover -- CONTENTS -- Glossary -- EXECUTIVE SUMMARY -- INTRODUCTION -- A. Scope and Approach -- B. Institutional Setting -- C. Market Structure -- MAIN FINDINGS -- A. Findings from the 2011 BCP Assessment -- B. Independence, Objectives, etc., of the CSSF -- C. Resources and Skills in Banking Supervision -- D. Supervisory Approach -- E. Interconnectedness with Foreign-based Banking Parent Groups -- F. Corrective and Remedial Powers -- G. Home-host Relationships -- H. Credit Risk -- I. Regulation of Nonbank Holding Companies -- J. Conclusion -- BOXES -- 1. Exemption for Intra-Group Exposures -- 2. Investment Funds-Bank Linkages -- FIGURE -- 1. Evolution of House Prices -- TABLES -- 1. Main Recommendations -- 2. Distribution of Bank Assets per Business -- 3. Actions Taken by the Authorities to Address 2011 FSAP Recommendations -- 4. CSSF Staff Numbers -- 5. Risk Areas -- 6. Exposure to Public Administrations by Luxembourg Banks.