Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision
Brazil has a well-defined banking supervision process supported by a legal framework that grants the Banco Central do Brasil (BCB) broad enforcement powers for corrective action and weak bank resolution. This assessment of the Basel Core Principles...
| Main Authors: | , |
|---|---|
| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/04/18170270/brazil-financial-sector-assessment-program http://hdl.handle.net/10986/15975 |
| id |
okr-10986-15975 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO BANK ACCESS TO BANKS ACCOUNTABILITY ACCOUNTING ACCOUNTING PRINCIPLES AFFILIATES ASSET MANAGEMENT ASSET QUALITY AUDIT COMMITTEES AUDIT STANDARDS AUDITING AUDITORS AUTONOMY BALANCE SHEET BALANCE SHEETS BANK FOR INTERNATIONAL SETTLEMENTS BANKING ASSETS BANKING INDUSTRY BANKING INSTITUTIONS BANKING LAW BANKING LAWS BANKING SECTOR BANKING SECTORS BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BONDS BOOK VALUE BROKER BROKERAGE BROKERAGE FIRMS BROKERS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL BASE CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CENTRAL BANK CENTRAL BANKING CHECK CLEARING CHECKS CIVIL SERVICE CLEARING HOUSES CLEARINGHOUSES COLLECTION PROCESS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LOANS CONFLICTS OF INTEREST CONSOLIDATED SUPERVISION CONSOLIDATION CORPORATE GOVERNANCE CORPORATE LAW CORPORATE SECURITIES COUNTRY RISK CREDIT COOPERATIVES CREDIT GUARANTEE CREDIT INSTITUTIONS CREDIT MARKET CREDIT RECORDS CREDIT RISK CREDIT UNIONS CREDITORS CURRENCY CUSTODY DEBT DEBT COLLECTION DEMAND DEPOSITS DEPOSIT DEPOSIT INSURANCE DEPOSIT TAKING INSTITUTIONS DEPOSITORS DEPOSITS DERIVATIVES DEVELOPMENT BANKS DOMESTIC BANKS EMPLOYMENT ENFORCEMENT POWERS EQUIPMENT EQUITY CAPITAL EXCHANGE COMMISSION FINANCES FINANCIAL CONGLOMERATES FINANCIAL DISTRESS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENT FINANCIAL PORTFOLIO FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SUPPORT FINANCIAL SYSTEM FISCAL DISCIPLINE FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN BANKS FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FINANCIAL INSTITUTIONS FUTURES FUTURES EXCHANGE GOVERNMENT BUDGET GUARANTEE FUND HOLDING HOLDING COMPANIES HOLDINGS HOME LOANS INFLATION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INSURANCE INSURED DEPOSITS INTEREST RATE INTEREST RATE RISK INTEREST-RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL RESERVES INTERNATIONAL STANDARDS INVESTING INVESTMENT BANKING INVESTMENT BANKS INVESTMENT FUNDS INVESTMENT INSTITUTIONS INVESTMENT PORTFOLIOS ISSUANCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIABILITY LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RATIO LIQUIDITY RISK LIQUIDITY RISKS LOAN MACROECONOMIC POLICIES MACROECONOMIC POLICY MARKET RISK MARKET RISKS MARKET SHARE MARKET STRUCTURE MATURITIES MATURITY MICRO CREDIT MINIMUM CAPITAL ADEQUACY RATIO MINIMUM CAPITAL REQUIREMENTS MONETARY FUND MORTGAGE NEW ENTRANTS OPERATIONAL INDEPENDENCE OPERATIONAL RISK OPERATIONAL RISKS OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS POLICY CREDIBILITY PRIVATE BANKS PRIVATE CREDIT PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PRUDENTIAL STANDARDS PUBLIC DEBT REGULATORY FRAMEWORK REGULATORY PRACTICES REGULATORY STRUCTURE RESERVE RESERVE ACCOUNTS RETAINED EARNINGS RETURN RETURN ON EQUITY RISK CAPITAL RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT SYSTEMS RISK PROFILE RISK PROFILES SAVINGS SAVINGS BANK SAVINGS BANKS SECURITIES SHAREHOLDER SHAREHOLDERS SOLVENCY STATE BANKING STOCK EXCHANGE STOCK ISSUANCES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK SUPERVISORY POWERS SWAPS TAX TAX CREDITS TERRORISM TIER 1 CAPITAL TRADING TRANSACTION TRANSFER RISKS TRANSPARENCY TREASURY TURNOVER UNIVERSAL BANK UNIVERSAL BANKS |
| spellingShingle |
ACCESS TO BANK ACCESS TO BANKS ACCOUNTABILITY ACCOUNTING ACCOUNTING PRINCIPLES AFFILIATES ASSET MANAGEMENT ASSET QUALITY AUDIT COMMITTEES AUDIT STANDARDS AUDITING AUDITORS AUTONOMY BALANCE SHEET BALANCE SHEETS BANK FOR INTERNATIONAL SETTLEMENTS BANKING ASSETS BANKING INDUSTRY BANKING INSTITUTIONS BANKING LAW BANKING LAWS BANKING SECTOR BANKING SECTORS BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BONDS BOOK VALUE BROKER BROKERAGE BROKERAGE FIRMS BROKERS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL BASE CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CENTRAL BANK CENTRAL BANKING CHECK CLEARING CHECKS CIVIL SERVICE CLEARING HOUSES CLEARINGHOUSES COLLECTION PROCESS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LOANS CONFLICTS OF INTEREST CONSOLIDATED SUPERVISION CONSOLIDATION CORPORATE GOVERNANCE CORPORATE LAW CORPORATE SECURITIES COUNTRY RISK CREDIT COOPERATIVES CREDIT GUARANTEE CREDIT INSTITUTIONS CREDIT MARKET CREDIT RECORDS CREDIT RISK CREDIT UNIONS CREDITORS CURRENCY CUSTODY DEBT DEBT COLLECTION DEMAND DEPOSITS DEPOSIT DEPOSIT INSURANCE DEPOSIT TAKING INSTITUTIONS DEPOSITORS DEPOSITS DERIVATIVES DEVELOPMENT BANKS DOMESTIC BANKS EMPLOYMENT ENFORCEMENT POWERS EQUIPMENT EQUITY CAPITAL EXCHANGE COMMISSION FINANCES FINANCIAL CONGLOMERATES FINANCIAL DISTRESS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENT FINANCIAL PORTFOLIO FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SUPPORT FINANCIAL SYSTEM FISCAL DISCIPLINE FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN BANKS FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FINANCIAL INSTITUTIONS FUTURES FUTURES EXCHANGE GOVERNMENT BUDGET GUARANTEE FUND HOLDING HOLDING COMPANIES HOLDINGS HOME LOANS INFLATION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INSURANCE INSURED DEPOSITS INTEREST RATE INTEREST RATE RISK INTEREST-RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL RESERVES INTERNATIONAL STANDARDS INVESTING INVESTMENT BANKING INVESTMENT BANKS INVESTMENT FUNDS INVESTMENT INSTITUTIONS INVESTMENT PORTFOLIOS ISSUANCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIABILITY LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RATIO LIQUIDITY RISK LIQUIDITY RISKS LOAN MACROECONOMIC POLICIES MACROECONOMIC POLICY MARKET RISK MARKET RISKS MARKET SHARE MARKET STRUCTURE MATURITIES MATURITY MICRO CREDIT MINIMUM CAPITAL ADEQUACY RATIO MINIMUM CAPITAL REQUIREMENTS MONETARY FUND MORTGAGE NEW ENTRANTS OPERATIONAL INDEPENDENCE OPERATIONAL RISK OPERATIONAL RISKS OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS POLICY CREDIBILITY PRIVATE BANKS PRIVATE CREDIT PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PRUDENTIAL STANDARDS PUBLIC DEBT REGULATORY FRAMEWORK REGULATORY PRACTICES REGULATORY STRUCTURE RESERVE RESERVE ACCOUNTS RETAINED EARNINGS RETURN RETURN ON EQUITY RISK CAPITAL RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT SYSTEMS RISK PROFILE RISK PROFILES SAVINGS SAVINGS BANK SAVINGS BANKS SECURITIES SHAREHOLDER SHAREHOLDERS SOLVENCY STATE BANKING STOCK EXCHANGE STOCK ISSUANCES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK SUPERVISORY POWERS SWAPS TAX TAX CREDITS TERRORISM TIER 1 CAPITAL TRADING TRANSACTION TRANSFER RISKS TRANSPARENCY TREASURY TURNOVER UNIVERSAL BANK UNIVERSAL BANKS International Monetary Fund World Bank Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| geographic_facet |
Latin America & Caribbean Brazil |
| description |
Brazil has a well-defined banking
supervision process supported by a legal framework that
grants the Banco Central do Brasil (BCB) broad enforcement
powers for corrective action and weak bank resolution. This
assessment of the Basel Core Principles (BCP) for effective
supervision was conducted from February 27 through March 20,
2012. As agreed with the authorities, the supervisory
framework was assessed against the BCP methodology issued by
the Basel Committee on Banking Supervision (BCBS) in October
2006. In self-assessment the authorities addressed both
essential and additional criteria and the assessors based
their conclusions on compliance with both criteria. The last
BCP assessment was conducted in 2002, however, the grading
is not comparable to this assessment as the principles and
methodology were revised in 2006. Although the BCB operates
on an independent mode, there are amendments to Law
4595-1964 (banking law) that will aid in protecting the
continuation of the operational independence. |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
International Monetary Fund World Bank |
| author_facet |
International Monetary Fund World Bank |
| author_sort |
International Monetary Fund |
| title |
Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| title_short |
Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| title_full |
Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| title_fullStr |
Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| title_full_unstemmed |
Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision |
| title_sort |
financial sector assessment program : brazil - basel core principles for effective banking supervision |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/04/18170270/brazil-financial-sector-assessment-program http://hdl.handle.net/10986/15975 |
| _version_ |
1764431758851309568 |
| spelling |
okr-10986-159752021-04-23T14:03:23Z Financial Sector Assessment Program : Brazil - Basel Core Principles for Effective Banking Supervision International Monetary Fund World Bank ACCESS TO BANK ACCESS TO BANKS ACCOUNTABILITY ACCOUNTING ACCOUNTING PRINCIPLES AFFILIATES ASSET MANAGEMENT ASSET QUALITY AUDIT COMMITTEES AUDIT STANDARDS AUDITING AUDITORS AUTONOMY BALANCE SHEET BALANCE SHEETS BANK FOR INTERNATIONAL SETTLEMENTS BANKING ASSETS BANKING INDUSTRY BANKING INSTITUTIONS BANKING LAW BANKING LAWS BANKING SECTOR BANKING SECTORS BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BONDS BOOK VALUE BROKER BROKERAGE BROKERAGE FIRMS BROKERS CAPITAL ADEQUACY CAPITAL ADEQUACY RATIOS CAPITAL BASE CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CENTRAL BANK CENTRAL BANKING CHECK CLEARING CHECKS CIVIL SERVICE CLEARING HOUSES CLEARINGHOUSES COLLECTION PROCESS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LOANS CONFLICTS OF INTEREST CONSOLIDATED SUPERVISION CONSOLIDATION CORPORATE GOVERNANCE CORPORATE LAW CORPORATE SECURITIES COUNTRY RISK CREDIT COOPERATIVES CREDIT GUARANTEE CREDIT INSTITUTIONS CREDIT MARKET CREDIT RECORDS CREDIT RISK CREDIT UNIONS CREDITORS CURRENCY CUSTODY DEBT DEBT COLLECTION DEMAND DEPOSITS DEPOSIT DEPOSIT INSURANCE DEPOSIT TAKING INSTITUTIONS DEPOSITORS DEPOSITS DERIVATIVES DEVELOPMENT BANKS DOMESTIC BANKS EMPLOYMENT ENFORCEMENT POWERS EQUIPMENT EQUITY CAPITAL EXCHANGE COMMISSION FINANCES FINANCIAL CONGLOMERATES FINANCIAL DISTRESS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENT FINANCIAL PORTFOLIO FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SUPPORT FINANCIAL SYSTEM FISCAL DISCIPLINE FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN BANKS FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FINANCIAL INSTITUTIONS FUTURES FUTURES EXCHANGE GOVERNMENT BUDGET GUARANTEE FUND HOLDING HOLDING COMPANIES HOLDINGS HOME LOANS INFLATION INFORMATION SYSTEMS INFORMATION TECHNOLOGY INSURANCE INSURED DEPOSITS INTEREST RATE INTEREST RATE RISK INTEREST-RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL RESERVES INTERNATIONAL STANDARDS INVESTING INVESTMENT BANKING INVESTMENT BANKS INVESTMENT FUNDS INVESTMENT INSTITUTIONS INVESTMENT PORTFOLIOS ISSUANCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIABILITY LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RATIO LIQUIDITY RISK LIQUIDITY RISKS LOAN MACROECONOMIC POLICIES MACROECONOMIC POLICY MARKET RISK MARKET RISKS MARKET SHARE MARKET STRUCTURE MATURITIES MATURITY MICRO CREDIT MINIMUM CAPITAL ADEQUACY RATIO MINIMUM CAPITAL REQUIREMENTS MONETARY FUND MORTGAGE NEW ENTRANTS OPERATIONAL INDEPENDENCE OPERATIONAL RISK OPERATIONAL RISKS OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS POLICY CREDIBILITY PRIVATE BANKS PRIVATE CREDIT PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PRUDENTIAL STANDARDS PUBLIC DEBT REGULATORY FRAMEWORK REGULATORY PRACTICES REGULATORY STRUCTURE RESERVE RESERVE ACCOUNTS RETAINED EARNINGS RETURN RETURN ON EQUITY RISK CAPITAL RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT SYSTEMS RISK PROFILE RISK PROFILES SAVINGS SAVINGS BANK SAVINGS BANKS SECURITIES SHAREHOLDER SHAREHOLDERS SOLVENCY STATE BANKING STOCK EXCHANGE STOCK ISSUANCES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK SUPERVISORY POWERS SWAPS TAX TAX CREDITS TERRORISM TIER 1 CAPITAL TRADING TRANSACTION TRANSFER RISKS TRANSPARENCY TREASURY TURNOVER UNIVERSAL BANK UNIVERSAL BANKS Brazil has a well-defined banking supervision process supported by a legal framework that grants the Banco Central do Brasil (BCB) broad enforcement powers for corrective action and weak bank resolution. This assessment of the Basel Core Principles (BCP) for effective supervision was conducted from February 27 through March 20, 2012. As agreed with the authorities, the supervisory framework was assessed against the BCP methodology issued by the Basel Committee on Banking Supervision (BCBS) in October 2006. In self-assessment the authorities addressed both essential and additional criteria and the assessors based their conclusions on compliance with both criteria. The last BCP assessment was conducted in 2002, however, the grading is not comparable to this assessment as the principles and methodology were revised in 2006. Although the BCB operates on an independent mode, there are amendments to Law 4595-1964 (banking law) that will aid in protecting the continuation of the operational independence. 2013-10-01T18:25:26Z 2013-10-01T18:25:26Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/18170270/brazil-financial-sector-assessment-program http://hdl.handle.net/10986/15975 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Latin America & Caribbean Brazil |