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Isle of Man Financial Sector Assessment Program Update-Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

This paper presents a Detailed Assessment of the Isle of Man's (IOM) Observance of the Basel Core Principles for the Effective Banking Supervision Report. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The IOM has a deposit protection sche...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2009
Series:IMF Staff Country Reports
Subjects:
Financial Regulation And Supervision
Revenue
Finance: General
Financial Risk Management
Banking
Banks
Public Finance
General Financial Markets: Government Policy And Regulation
Public Finance & Taxation
Revenue Administration
Financing Policy
Legal Support In Revenue Administration
Industries: Financial Services
Capital And Ownership Structure
Mortgages
Market Risk
Banks And Banking
Finance
Value Of Firms
Basel Core Principles
Financial Risk And Risk Management
Financial Services Industry
Financial Institutions And Services: Government Policy And Regulation
Taxation, Subsidies, And Revenue: General
State Supervision
Operational Risk
Financial Services Law & Regulation
Depository Institutions
Financial Services
Goodwill
Micro Finance Institutions
Isle Of Man
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper presents a Detailed Assessment of the Isle of Man's (IOM) Observance of the Basel Core Principles for the Effective Banking Supervision Report. The recent global financial markets turmoil has had a significant impact on the Manx financial system. The IOM has a deposit protection scheme, which has been amended shortly after the time of the assessment. The Financial Supervision Commission has adequate powers to ensure compliance with its regulations and other orders, and it uses these powers when the occasion demands
Physical Description:45 pages
ISBN:9781451818468

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