Bosnia and Herzegovina Financial Sector Assessment Program - Banking Sector Supervision Core Principles Implementation Update—Technical Note

This Technical Note presents an update on Banking Sector Supervision Core Principles Implementation in Bosnia and Herzegovina. The system of banking supervision oversight has significantly improved since the last review in 2006, but shortcomings remain. Both supervisory authorities have made progres...

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Bibliographic Details
Corporate Author: International Monetary Fund Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a External audit 
653 |a Bank legislation 
653 |a Depository Institutions 
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653 |a Commercial banks 
653 |a Banks 
653 |a Banks and banking 
653 |a Financial institutions 
653 |a Bank supervision 
653 |a Value of Firms 
653 |a General Financial Markets: Government Policy and Regulation 
653 |a Micro Finance Institutions 
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653 |a Market risk 
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653 |a Banks and Banking 
653 |a Public Sector Accounting and Audits 
653 |a Banking law 
653 |a Financial services industry 
653 |a Financial regulation and supervision 
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520 |a This Technical Note presents an update on Banking Sector Supervision Core Principles Implementation in Bosnia and Herzegovina. The system of banking supervision oversight has significantly improved since the last review in 2006, but shortcomings remain. Both supervisory authorities have made progress in enhancing the regulatory framework and supervisory processes since the 2006 Financial Sector Assessment Program. The banking agencies are in the process of preparing a new Law on Banks that should address deficiencies in the supervisory powers, resolution tools, and consolidated supervision. Comprehensive regulations on risk management have been drafted that will address remaining deficiencies that are highlighted in this assessment