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Operational issues in the implementation of risk-based supervision framework

Philippine Review of Economics

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Title Operational issues in the implementation of risk-based supervision framework
 
Creator Guerrero, Ma. Corazon J.; Bangko Sentral ng Pilipinas
 
Subject risk-based supervision; risk-focused supervision; risk-focused examination; risk-based examination
 
Description With the objective of the Bangko Sentral ng Pilipinas (BSP) to achieve and maintain a safe and sound banking system, the focus of regulators shifted from traditional supervision to risk-based supervision. This approach calls for changes in the supervisory environment such as enhanced supervisory tools, refocused on-site inspection process, reoriented human resource, and risk-focused prudential regulations. The BSP adopts risk-based supervision to compel banking institutions to be more risk-oriented through the evaluation of management practices, policies, and procedures in the context of managing potential risks. As a result, banking institutions can provide the best banking services and products with the highest return of investment at a minimal risk. JEL classification: G28
 
Publisher Philippine Review of Economics
 
Contributor —
 
Date 2005-06-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/191
 
Source Philippine Review of Economics; Vol 42, No 1 (2005)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/191/601
 
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