Samoa : Detailed Assessment of Compliance with the Basel Core Principles for Effective Banking Supervision

1WSMEA2007004 Image
Price:  $18.00

Release Date: © June, 2007
ISBN : 978-1-45184-076-6
Stock #: 1WSMEA2007004
English
Stock Status: On back-order

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Description

This Detailed Assessment of Compliance with the Basel Core Principles for Samoa highlights general preconditions for effective banking supervision. The Central Bank of Samoa (CBS) should consider introducing some straightforward specific capital charges for market price risk and foreign exchange risk. The CBS should require banks to have in place mechanisms for regularly valuing collateral and assessing the strength of guarantees. Several recommendations to further improve the regulatory role of the CBS in accordance with current international standards have been noted and future efforts shall focus on incorporating and developing these as appropriate.




More publications in this series: IMF Staff Country Reports