Cyprus : Assessment of Financial Sector Supervision and Regulation, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Supervision, and Securities Regulation

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Release Date: © October, 2006
ISBN : 978-1-45180-987-9
Stock #: 1CYPEA2006001
Stock Status: On back-order

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The report summarizes the assessment of Financial Sector Supervision and Regulation on Reports on the Observance of Standards and Codes (ROSC) on banking supervision, insurance supervision, and securities regulation of Cyprus. The report assesses that the financial system in Cyprus is in a process of reform generated by liberalization and regulation owing to accession to the European Union. The paper analyzes competency in the banking sector and technical supervisory rules, and assesses its strengths and vulnerabilities in the implementation of financial standards mainly in cross-border cooperation, information exchange, and consolidated supervision.


Bank regulations , Banks and banking , Economic cooperation , European Economic and Monetary Union , Financial institutions and markets , Monetary unions

More publications in this series: IMF Staff Country Reports