Republic of Poland : detailed assessment of observance of basel core principles for effective banking supervision.

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Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, ©2012.
Description:	1 online resource (pages 130)
Language:	English
Series:	IMF country report ; no. 12/232 IMF country report ; no. 12/232.
Subject:	International Monetary Fund -- Poland. International Monetary Fund. Banks and banking -- State supervision -- Poland. Banks and banking -- State supervision. Poland.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12500774

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Monetary and Capital Markets Department. World Bank. Finance and Private Sector Development. World Bank. Europe and Central Asia Region. Office of the Regional Vice President.
ISBN:	9781475580587 1475580584 9781475506556 1475506554 9781475552379 1475552378
Notes:	"International Monetary Fund, Monetary and Capital Markets Department"--Page 2 of cover "World Bank, Financial and Private Sector Development Vice Presidency; European and Central Asia Regional Vice Presidency"--Page 2 of cover "August 2012." "May 2012"--Page 2 of pdf Includes bibliographical references. Online resource; title from PDF title page (IMF Web site, viewed August 13, 2012).
Summary:	The 2008 transition to the new banking supervisory framework in Poland has been relatively smooth, and the banking system has proven effective in weathering the financial crisis. This assessment focuses on the working of the Polish Financial Supervision Commission (KNF), which is responsible for banking supervision in Poland. KNF has undertaken numerous proactive measures to preserve financial sector stability during the crisis. As a priority, KNF's interaction with bank auditors as well as with supervisory board members should also be strengthened.

Table of Contents:

Cover; Contents; Glossary; A; B; C; E; F; G; I; K; L; M; I. Summary, Key Findings, and Recommendations; A. Introduction; B. Information and Methodology Used for the Assessment; C. Institutional and Macro-prudential Setting, Market Structure Overview; D. Preconditions for Effective Banking Supervision; E. Main Findings; II. Detailed Assessment; III. Recommended Action Plan and Authorities' Response to the Assessment; Recommended Action Plan; A. Authorities' Response to the BCP Assessment; B. Detailed Comments; Tables; 1. Summary of Compliance with the Basel Core Principles.
2. Principle-by-Principle Assessment3. Overview of Ratings; 4. Recommended Action Plan to Improve Compliance with the Basel Core Principles.

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