Portugal : Financial Sector Assessment Program: Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision

1PRTEA2007003 Image
Price:  $18.00

Release Date: © January, 2007
ISBN : 978-1-45183-225-9
Stock #: 1PRTEA2007003
English
Stock Status: On back-order

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Description

This Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision for Portugal discusses the country's market structure. Portugal’s regulatory framework is modern and sound, and highly compliant with international standards. Organic Law (OL) of Banco de Portugal (BdP) provides a clear framework, objectives, and responsibilities for carrying out the supervision of credit institutions, financial companies, and other entities legally subject to the BdP’s regulation. The regulatory framework allows the authorities to undertake globally consolidated supervision over internationally active banking groups.




More publications in this series: IMF Staff Country Reports