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Belgium [electronic resource] : Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision.

Author/Creator:
International Monetary Fund. European Dept.
Publication:
Washington, D.C. : International Monetary Fund, 2013.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 13/133.
IMF Staff Country Reports; Country Report No. 13/133
Format/Description:
Government document
Book
1 online resource (177 p.)
Local subjects:
Accounting framework.
Approach.
Asset classification.
Bank management.
Bank officers.
Bank supervision.
Bank supervisory authorities.
Bankers.
Banking.
Banking activities.
Banking industry.
Banking law.
Banking license.
Banking operations.
Banking regulation.
Banking regulations.
Banking sector.
Banking sector assets.
Banking supervision.
Banking supervisor.
Banking system.
Banking system assets.
Banking systems.
Banking union.
Bankrupt.
Basel Core Principles.
Building block.
Capital adequacy.
Capital adequacy ratio.
Capital base.
Capital planning.
Capital requirement.
Consolidated supervision.
Credit policy.
Credit risk management.
Cross border banking supervision.
Deposit guarantee.
Drafts.
External auditor.
Financial Sector Assessment Program.
Financial strength.
Internal audit.
Internal control.
Investment banking.
Level playing field.
Loan classification.
National bank.
Off balance sheet.
Prudential regulation.
Reports on the Observance of Standards and Codes.
State intervention.
Tier 1 capital.
Value at risk model.
Belgium.
Summary:
The Belgian financial system is relatively large, concentrated, and interconnected and has a high level of compliance with the Basel Core Principles (BCPs) for effective banking supervision. The National Bank of Belgium (NBB) deploys high-quality supervisory practices and has clear lines of accountability, transparency, and separate funding when acting in its supervisory capacity. The Belgian authorities have established a Resolution Fund (RF) vesting it with powers to take preventative measures and to facilitate resolution procedures.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund. European Dept.
Other format:
Print Version:
ISBN:
1484351754:
9781484351758
ISSN:
1934-7685
Publisher Number:
10.5089/9781484351758.002
Access Restriction:
Restricted for use by site license.
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