Lao People’s Democratic Republic : Technical Assistance Report-Risk-Based Banking Supervision.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2019/331

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund.

Physical Description:

1 online resource (24 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2019.

Summary:

This Technical Assistance report on the Lao People’s Democratic Republic provides advice toward implementing risk-based supervision (RBS). Special attention needs to be given to expediting the formal approval of the RBS manual and fully implementing RBS methods in practice. Although this could be delayed due to other supervisory priorities, it is considered essential as the quality of supervision is improved by the practical application of RBS tools and learning-by-doing. The root causes of risks should be better identified, and greater attention should be paid to well-reasoned analysis of risks and the accompanied supervisory action. In addition, the mission advised additional modification of these documents to enhance its usefulness and quality. With respect to foreign-branch supervision, special consideration should be given to the extent of adequate oversight by the branch head office, supervision by the home supervisor, and overall financial condition of the foreign banking group. The mission provided examples of qualitative criteria for foreign-branch rating.

Contents:

Cover

Contents

Glossary

Preface

Executive Summary

I. Background

A. Introduction

B. Progress Since the Last TA Mission in May 2018

II. Pace of RBS Tools Implementation

A. RBS Manual

B. IP and RAS

C. FSI Benchmarks

D. ROX

E. Training

III. The Supervisory Rating Framework (CAMELS)

IV. Selective Issues on Supervisory Process

A. Banking Sector Analysis

B. Annual Onsite Examination Schedules and Timeline

C. Supervisory Response

V. Next Steps

Tables

1. Mission's Main Recommendations

2. The Last Mission's Main Recommendations

Annexes

I. Detailed Observations on Systemic Reporting

II. Onsite Examination Timeframe

III. Sample Framework for Supervisory Response Policy.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781513518473

151351847X

9781513518497

1513518496

OCLC:

1085223059