Mexico : Detailed Assessment of Observance of Basel Core Principles

This paper presents a detailed assessment of the observance of Mexico's compliance with the Basel Core Principles. The Comision Nacional Bancaria y de Valores (CNBV) has achieved a fundamental step forward in implementing a complete Pillar I capital adequacy regime that is consistent with the B...

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Bibliographic Details
Corporate Authors: International Monetary Fund, International Monetary Fund Monetary and Capital Markets Dept, World Bank Financial Sector Vice Presidency, World Bank Latin America and the Caribbean Regional Office
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012
Series:IMF country report ; no. 12/66
IMF Staff Country Reports ; Country Report No. 12/66
IMF Staff Country Reports; Country Report ; No. 2012/066
IMF eLibrary
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Summary:This paper presents a detailed assessment of the observance of Mexico's compliance with the Basel Core Principles. The Comision Nacional Bancaria y de Valores (CNBV) has achieved a fundamental step forward in implementing a complete Pillar I capital adequacy regime that is consistent with the Basel Committee standards. Capital ratios have remained strong and above the regulatory minimum, supported by a rigorously applied forward-looking loan provisioning regime. Important institutional issues outside the control of senior management in the CNBV threaten the sustainability of the above achievements
This paper presents a detailed assessment of the observance of Mexico’s compliance with the Basel Core Principles. The Comision Nacional Bancaria y de Valores (CNBV) has achieved a fundamental step forward in implementing a complete Pillar I capital adequacy regime that is consistent with the Basel Committee standards. Capital ratios have remained strong and above the regulatory minimum, supported by a rigorously applied forward-looking loan provisioning regime. Important institutional issues outside the control of senior management in the CNBV threaten the sustainability of the above achievements
Item Description:Description based upon print version of record
Part of the IMF eLibrary collection
Physical Description:1 online resource (153 pages)
1 online resource (154 p.)
Bibliography:Includes bibliographical references
ISBN:1-4755-0900-6
1-4755-8575-6
1475502761:
ISSN:1934-7685
2227-8907
Access:Restricted for use by site license
Restricted for use by site license.