Mexico [electronic resource] : Financial Sector Assessment Program Update: Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision.
- Washington, D.C. : International Monetary Fund, 2007.
- IMF eLibrary
IMF Staff Country Reports; Country Report No. 07/172.
IMF Staff Country Reports; Country Report No. 07/172
- Government document
1 online resource (42 p.)
- Local subjects:
- Accounting standard.
Anti money laundering.
Bank holding company.
Bank regulatory agencies.
Basel Core Principles.
Capital adequacy ratio.
Customer identification procedures.
Financial Sector Assessment Program.
Financial sector supervision.
Internal control procedures.
Internal control systems.
International accounting standards.
Know your customer.
Law enforcement agencies.
Off balance sheet.
Off site supervision.
Risk management systems.
Self regulatory organizations.
Tier 1 capital.
Tier 2 capital.
Transaction reporting requirements.
- This paper presents a Detailed Assessment of Mexico’s compliance with the Basel Core Principles for Effective Banking Supervision and Transparency of Banking Supervision. Fiscal consolidation reduced the gross public debt-to-GDP ratio to below 50 percent, providing the foundations for a monetary policy able to bring inflation down to less than 4 percent, in the context of a floating exchange rate. These improvements have contributed to Mexico’s achievement of investment-grade rating, uninterrupted access to capital at low cost, and resilience to shocks, such as the Russian crisis.
- Description based on print version record.
- International Monetary Fund
- Other format:
- Print Version:
- Publisher Number:
- Access Restriction:
- Restricted for use by site license.
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