Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision

International Monetary Fund ; World Bank

Washington, DC

关键词: ACCOUNTABILITY;    ACCOUNTING;    ACCOUNTING FRAMEWORK;    ACCOUNTING PRINCIPLES;    ACCOUNTING RECORDS;   

RP-ID  :  79175

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Central Bank of Argentina (BCRA) andthe Superintendence of Financial Entities (SEFyC) are to becommended on their thorough supervision, theirimplementation of risk-based supervision, and their thoroughexamination process. Since the 2001-2002 crises, financialsector indicators have improved significantly and thebanking system weathered well the impact of the globalfinancial crisis, with high capital levels, the introductionof a capital buffer, and low Non-Performing Loans (NPLs).This assessment of the state of compliance with the BaselCore Principles (BCPs) in Argentina has been undertaken aspart of a World Bank Observance of Standards and Codes(ROSC) mission. The assessment was conducted from May 11 to26, 2011. It reflects the banking supervision practices ofthe BCRA as of the end of April 2011. The assessment isbased on the following sources: (i) a completeself-assessment prepared by the BCRA; (ii) detailedinterviews with the BCRA staff; (iii) review of laws,regulations, and other documentation on the supervisoryframework and on the structure and development of theArgentine banking sector; and (iv) meetings with individualbanks, the banking associations, the Ministry of Economy andPublic Finance (MECON), external auditors, and financialthink tanks. This assessment is based solely on the laws,supervisory requirements, and practices that were in placeat the time it was conducted.