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150128 ||| eng |
| 020 |
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|a 9781475503166
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| 245 |
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|a Israel
|b Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2012
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| 300 |
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|a 107 pages
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| 710 |
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|a International Monetary Fund
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Staff Country Reports
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| 028 |
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|a 10.5089/9781475503166.002
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| 856 |
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|u http://elibrary.imf.org/view/journals/002/2012/085/002.2012.issue-085-en.xml
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a A detailed assessment of Israel's compliance with the Basel Core Principles for effective banking supervision is presented. The Bachar reform that has been started in mid-2005 forced banks to divest most noncommercial banking activities, such as mutual funds, insurance, pension, and provident funds; the banks today focus on traditional banking business. As a result, the nonbank financial sector has grown rapidly, playing a larger role in credit markets. Financial supervision responsibilities in Israel are shared among several agencies. The Bank of Israel and specifically its Banking Supervision Department supervises banks
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