Nigeria: Publication of Financial Sector Assessment Program Documentation––Detailed Assessment of Compliance of the Basel Core Priciples for Effective Banking Supervision
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Summary:
The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.
Series:
Country Report No. 2013/146
Subject:
Bank licensing Bank supervision Banking Capital adequacy requirements Corporate governance Credit risk Financial regulation and supervision Legal support in revenue administration Market risk Revenue administration
English
Publication Date:
May 28, 2013
ISBN/ISSN:
9781484363287/1934-7685
Stock No:
1NGAEA2013008
Pages:
153
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