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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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2006.
Description:1 online resource (57 pages)
Language:English
Series:IMF country report ; no. 06/347
IMF country report ; no. 06/347.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498165
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Varying Form of Title:Cyprus, assessment of financial sector supervision and regulation
Other authors / contributors:International Monetary Fund. Monetary and Financial Systems Department.
ISBN:9781452796284
1452796289
1280975466
9781280975462
Notes:Print version record.
Summary: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.
Other form:Print version: Cyprus. Washington, D.C. : International Monetary Fund, ©2006