RUSSIAN FEDERATION: FINANCIAL SECTOR ASSESSMENT PROGRAM
DETAILED ASSESSMENT OF OBSERVANCE BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION (BCP)
This Detailed Assessment of Observance on the Basel Core Principles for Effective Banking Supervision on the Russian Federation was prepared by a staff team of the International Monetary Fund. It is based on the information available at the time it was completed on September 2016.
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RUSSIAN FEDERATION: DETAILED ASSESSMENT OF OBSERVANCE
BASEL CORE PRINCIPLES FOR EFFECTIVE BANKING SUPERVISION (BCP)
Monetary and Capital Markets Department, IMF, and Finance and Markets Global Practice, World Bank
This report was prepared by Katharine Seal, IMF, and Pierre-Laurent Chatain, World Bank, in the context of a joint IMF-World Bank Financial Sector Assessment Program (FSAP) mission in the Russian Federation during February, 2016. The FSAP was led by Karl Habermeier, IMF and Aurora Ferrari, World Bank, and overseen by the Monetary and Capital Markets Department, IMF, and the Finance and Markets Global Practice, World Bank. Further information on the FSAP can be found at http://0-www-imf-org.library.svsu.edu/external/np/fsap/fssa.aspx, and www.worldbank.org/fsap.
INSTITUTIONAL AND MARKET STRUCTURE—OVERVIEW
PRECONDITIONS FOR EFFECTIVE BANKING SUPERVISION
A. Supervisory Powers, Responsibilities and Functions