Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision
The Central Bank of Argentina (BCRA) and the Superintendence of Financial Entities (SEFyC) are to be commended on their thorough supervision, their implementation of risk-based supervision, and their thorough examination process. Since the 2001-200...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/244231467997617515/Argentina-Basel-core-principles-for-effective-banking-supervision-detailed-assessment-of-compliance http://hdl.handle.net/10986/27235 |
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okr-10986-27235 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTABILITY ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ASSET QUALITY AUDIT COMMITTEE AUDITING AUDITS AUTONOMY BALANCE SHEET BANK ACCOUNTS BANK DEPOSITS BANK FAILURE BANKING ASSETS BANKING ASSOCIATIONS BANKING PRACTICES BANKING SECTOR BANKING SECTOR ASSETS BANKING SERVICES BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BORROWER BROKERAGE BROKERAGE HOUSES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL BASE CAPITAL LOANS CAPITAL MARKET CAPITAL MARKET SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH PAYMENT CASH TRANSACTIONS CENTRAL BANK CHECKS CLASSIFIED LOANS COLLATERAL COMMERCIAL BANKS COMMODITY PRICES CONSOLIDATED SUPERVISION CONSUMER CREDIT CONSUMER LOANS CONSUMER PRICE INDEX CONSUMER PROTECTION CONTINGENCY PLANNING COOPERATIVE BANKS CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT CARD CREDIT CARDS CREDIT COOPERATIVES CREDIT EXPANSION CREDIT GROWTH CREDIT RISK CREDIT RISK MANAGEMENT CURRENCY CURRENCY CRISIS DEBT DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITS DOMESTIC BANKS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CREDIT DUE DILIGENCE ELECTRONIC BANKING EMERGING ECONOMIES EXTERNAL AUDITORS FINANCIAL ASSETS FINANCIAL CONGLOMERATES FINANCIAL CRISIS FINANCIAL INFRASTRUCTURE FINANCIAL INSTABILITY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FOREIGN BANKS FOREIGN CURRENCY FOREIGN CURRENCY DEPOSITS FOREIGN CURRENCY LOANS FOREIGN EXCHANGE FRAUD GUARANTEE FUND HOLDING HOLDINGS HOUSING HOUSING FINANCE INDEPENDENT JUDICIARY INFLATION INFLATION INDEX INFLATION RATE INFORMATION DISCLOSURE INSURANCE INSURANCE COMPANIES INSURANCE PREMIUM INTANGIBLE ASSETS INTEREST RATE INTEREST RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTMENT FUNDS INVESTMENT INSTRUMENTS INVESTMENT POLICY INVESTMENT PROJECTS INVESTOR CONFIDENCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN LOSS PROVISIONS LOANS TO INDIVIDUALS LOCAL BANKS LOCAL MARKET LONG TERM CAPITAL MACROECONOMIC CONDITIONS MACROECONOMIC POLICIES MANDATES MARKET CAPITALIZATION MARKET DISCIPLINE MARKET PLAYERS MARKET RISK MARKET STRUCTURE MATURITY MONETARY FUND MORAL SUASION MORTGAGE MORTGAGE BANKS MUTUAL FUND MUTUAL FUND ASSETS MUTUAL FUNDS NATIONAL SECURITIES NATIONAL SECURITY NATIONAL TREASURY NON-PERFORMING LOANS OPEN MARKET OPEN MARKET OPERATIONS OPERATIONAL RISK OPERATIONAL RISKS OUTSTANDING DEPOSITS OVERNIGHT REPOS PAYMENT SYSTEM PAYMENT SYSTEMS PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS PORTFOLIO PORTFOLIO INFLOWS PRIVATE BANKS PRIVATE CREDIT PRIVATE PROPERTY PRIVATE SECTOR CREDIT PRODUCTIVE INVESTMENTS PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PUBLIC BANKS PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC TRANSPORT REGULATORY FRAMEWORK REORGANIZATION REPOS RESERVE RESERVE REQUIREMENTS RETIREMENT RETURN RETURN ON EQUITY RISK EXPOSURES RISK MANAGEMENT SAFETY NET SAFETY NETS SAVINGS SAVINGS ACCOUNTS SECURITIES MARKETS SETTLEMENT SHAREHOLDERS STOCK EXCHANGE STOCK EXCHANGES STOCKS SUPERVISORY AGENCIES SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK TERM DEPOSITS TERRORISM TIME DEPOSITS TRANSFER RISK TRANSPARENCY WORKING CAPITAL |
| spellingShingle |
ACCOUNTABILITY ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ASSET QUALITY AUDIT COMMITTEE AUDITING AUDITS AUTONOMY BALANCE SHEET BANK ACCOUNTS BANK DEPOSITS BANK FAILURE BANKING ASSETS BANKING ASSOCIATIONS BANKING PRACTICES BANKING SECTOR BANKING SECTOR ASSETS BANKING SERVICES BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BORROWER BROKERAGE BROKERAGE HOUSES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL BASE CAPITAL LOANS CAPITAL MARKET CAPITAL MARKET SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH PAYMENT CASH TRANSACTIONS CENTRAL BANK CHECKS CLASSIFIED LOANS COLLATERAL COMMERCIAL BANKS COMMODITY PRICES CONSOLIDATED SUPERVISION CONSUMER CREDIT CONSUMER LOANS CONSUMER PRICE INDEX CONSUMER PROTECTION CONTINGENCY PLANNING COOPERATIVE BANKS CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT CARD CREDIT CARDS CREDIT COOPERATIVES CREDIT EXPANSION CREDIT GROWTH CREDIT RISK CREDIT RISK MANAGEMENT CURRENCY CURRENCY CRISIS DEBT DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITS DOMESTIC BANKS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CREDIT DUE DILIGENCE ELECTRONIC BANKING EMERGING ECONOMIES EXTERNAL AUDITORS FINANCIAL ASSETS FINANCIAL CONGLOMERATES FINANCIAL CRISIS FINANCIAL INFRASTRUCTURE FINANCIAL INSTABILITY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FOREIGN BANKS FOREIGN CURRENCY FOREIGN CURRENCY DEPOSITS FOREIGN CURRENCY LOANS FOREIGN EXCHANGE FRAUD GUARANTEE FUND HOLDING HOLDINGS HOUSING HOUSING FINANCE INDEPENDENT JUDICIARY INFLATION INFLATION INDEX INFLATION RATE INFORMATION DISCLOSURE INSURANCE INSURANCE COMPANIES INSURANCE PREMIUM INTANGIBLE ASSETS INTEREST RATE INTEREST RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTMENT FUNDS INVESTMENT INSTRUMENTS INVESTMENT POLICY INVESTMENT PROJECTS INVESTOR CONFIDENCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN LOSS PROVISIONS LOANS TO INDIVIDUALS LOCAL BANKS LOCAL MARKET LONG TERM CAPITAL MACROECONOMIC CONDITIONS MACROECONOMIC POLICIES MANDATES MARKET CAPITALIZATION MARKET DISCIPLINE MARKET PLAYERS MARKET RISK MARKET STRUCTURE MATURITY MONETARY FUND MORAL SUASION MORTGAGE MORTGAGE BANKS MUTUAL FUND MUTUAL FUND ASSETS MUTUAL FUNDS NATIONAL SECURITIES NATIONAL SECURITY NATIONAL TREASURY NON-PERFORMING LOANS OPEN MARKET OPEN MARKET OPERATIONS OPERATIONAL RISK OPERATIONAL RISKS OUTSTANDING DEPOSITS OVERNIGHT REPOS PAYMENT SYSTEM PAYMENT SYSTEMS PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS PORTFOLIO PORTFOLIO INFLOWS PRIVATE BANKS PRIVATE CREDIT PRIVATE PROPERTY PRIVATE SECTOR CREDIT PRODUCTIVE INVESTMENTS PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PUBLIC BANKS PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC TRANSPORT REGULATORY FRAMEWORK REORGANIZATION REPOS RESERVE RESERVE REQUIREMENTS RETIREMENT RETURN RETURN ON EQUITY RISK EXPOSURES RISK MANAGEMENT SAFETY NET SAFETY NETS SAVINGS SAVINGS ACCOUNTS SECURITIES MARKETS SETTLEMENT SHAREHOLDERS STOCK EXCHANGE STOCK EXCHANGES STOCKS SUPERVISORY AGENCIES SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK TERM DEPOSITS TERRORISM TIME DEPOSITS TRANSFER RISK TRANSPARENCY WORKING CAPITAL International Monetary Fund World Bank Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| geographic_facet |
Latin America & Caribbean Argentina |
| description |
The Central Bank of Argentina (BCRA) and
the Superintendence of Financial Entities (SEFyC) are to be
commended on their thorough supervision, their
implementation of risk-based supervision, and their thorough
examination process. Since the 2001-2002 crises, financial
sector indicators have improved significantly and the
banking system weathered well the impact of the global
financial crisis, with high capital levels, the introduction
of a capital buffer, and low Non-Performing Loans (NPLs).
This assessment of the state of compliance with the Basel
Core Principles (BCPs) in Argentina has been undertaken as
part of a World Bank Observance of Standards and Codes
(ROSC) mission. The assessment was conducted from May 11 to
26, 2011. It reflects the banking supervision practices of
the BCRA as of the end of April 2011. The assessment is
based on the following sources: (i) a complete
self-assessment prepared by the BCRA; (ii) detailed
interviews with the BCRA staff; (iii) review of laws,
regulations, and other documentation on the supervisory
framework and on the structure and development of the
Argentine banking sector; and (iv) meetings with individual
banks, the banking associations, the Ministry of Economy and
Public Finance (MECON), external auditors, and financial
think tanks. This assessment is based solely on the laws,
supervisory requirements, and practices that were in place
at the time it was conducted. |
| format |
Report |
| author |
International Monetary Fund World Bank |
| author_facet |
International Monetary Fund World Bank |
| author_sort |
International Monetary Fund |
| title |
Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| title_short |
Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| title_full |
Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| title_fullStr |
Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| title_full_unstemmed |
Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision |
| title_sort |
republic of argentina financial sector assessment : basel core principles for effective banking supervision |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/244231467997617515/Argentina-Basel-core-principles-for-effective-banking-supervision-detailed-assessment-of-compliance http://hdl.handle.net/10986/27235 |
| _version_ |
1764461509766807552 |
| spelling |
okr-10986-272352021-04-23T14:04:35Z Republic of Argentina Financial Sector Assessment : Basel Core Principles for Effective Banking Supervision International Monetary Fund World Bank ACCOUNTABILITY ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ASSET QUALITY AUDIT COMMITTEE AUDITING AUDITS AUTONOMY BALANCE SHEET BANK ACCOUNTS BANK DEPOSITS BANK FAILURE BANKING ASSETS BANKING ASSOCIATIONS BANKING PRACTICES BANKING SECTOR BANKING SECTOR ASSETS BANKING SERVICES BANKING SUPERVISION BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BORROWER BROKERAGE BROKERAGE HOUSES CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL BASE CAPITAL LOANS CAPITAL MARKET CAPITAL MARKET SUPERVISION CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITALIZATION CASH PAYMENT CASH TRANSACTIONS CENTRAL BANK CHECKS CLASSIFIED LOANS COLLATERAL COMMERCIAL BANKS COMMODITY PRICES CONSOLIDATED SUPERVISION CONSUMER CREDIT CONSUMER LOANS CONSUMER PRICE INDEX CONSUMER PROTECTION CONTINGENCY PLANNING COOPERATIVE BANKS CORPORATE BORROWERS CORPORATE GOVERNANCE CREDIT CARD CREDIT CARDS CREDIT COOPERATIVES CREDIT EXPANSION CREDIT GROWTH CREDIT RISK CREDIT RISK MANAGEMENT CURRENCY CURRENCY CRISIS DEBT DEPOSIT DEPOSIT INSURANCE DEPOSITOR DEPOSITS DOMESTIC BANKS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CREDIT DUE DILIGENCE ELECTRONIC BANKING EMERGING ECONOMIES EXTERNAL AUDITORS FINANCIAL ASSETS FINANCIAL CONGLOMERATES FINANCIAL CRISIS FINANCIAL INFRASTRUCTURE FINANCIAL INSTABILITY FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR INDICATORS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRENGTH FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FOREIGN BANKS FOREIGN CURRENCY FOREIGN CURRENCY DEPOSITS FOREIGN CURRENCY LOANS FOREIGN EXCHANGE FRAUD GUARANTEE FUND HOLDING HOLDINGS HOUSING HOUSING FINANCE INDEPENDENT JUDICIARY INFLATION INFLATION INDEX INFLATION RATE INFORMATION DISCLOSURE INSURANCE INSURANCE COMPANIES INSURANCE PREMIUM INTANGIBLE ASSETS INTEREST RATE INTEREST RATE RISK INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTMENT FUNDS INVESTMENT INSTRUMENTS INVESTMENT POLICY INVESTMENT PROJECTS INVESTOR CONFIDENCE LAWS LEGAL FRAMEWORK LEGAL PROTECTION LEGISLATION LIQUIDITY LOAN LOAN CLASSIFICATION LOAN LOSS PROVISIONS LOANS TO INDIVIDUALS LOCAL BANKS LOCAL MARKET LONG TERM CAPITAL MACROECONOMIC CONDITIONS MACROECONOMIC POLICIES MANDATES MARKET CAPITALIZATION MARKET DISCIPLINE MARKET PLAYERS MARKET RISK MARKET STRUCTURE MATURITY MONETARY FUND MORAL SUASION MORTGAGE MORTGAGE BANKS MUTUAL FUND MUTUAL FUND ASSETS MUTUAL FUNDS NATIONAL SECURITIES NATIONAL SECURITY NATIONAL TREASURY NON-PERFORMING LOANS OPEN MARKET OPEN MARKET OPERATIONS OPERATIONAL RISK OPERATIONAL RISKS OUTSTANDING DEPOSITS OVERNIGHT REPOS PAYMENT SYSTEM PAYMENT SYSTEMS PENALTIES PENSION PENSION FUND PENSION FUNDS PENSIONS PORTFOLIO PORTFOLIO INFLOWS PRIVATE BANKS PRIVATE CREDIT PRIVATE PROPERTY PRIVATE SECTOR CREDIT PRODUCTIVE INVESTMENTS PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL REQUIREMENTS PUBLIC BANKS PUBLIC FINANCE PUBLIC INVESTMENT PUBLIC TRANSPORT REGULATORY FRAMEWORK REORGANIZATION REPOS RESERVE RESERVE REQUIREMENTS RETIREMENT RETURN RETURN ON EQUITY RISK EXPOSURES RISK MANAGEMENT SAFETY NET SAFETY NETS SAVINGS SAVINGS ACCOUNTS SECURITIES MARKETS SETTLEMENT SHAREHOLDERS STOCK EXCHANGE STOCK EXCHANGES STOCKS SUPERVISORY AGENCIES SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY FRAMEWORK TERM DEPOSITS TERRORISM TIME DEPOSITS TRANSFER RISK TRANSPARENCY WORKING CAPITAL The Central Bank of Argentina (BCRA) and the Superintendence of Financial Entities (SEFyC) are to be commended on their thorough supervision, their implementation of risk-based supervision, and their thorough examination process. Since the 2001-2002 crises, financial sector indicators have improved significantly and the banking system weathered well the impact of the global financial crisis, with high capital levels, the introduction of a capital buffer, and low Non-Performing Loans (NPLs). This assessment of the state of compliance with the Basel Core Principles (BCPs) in Argentina has been undertaken as part of a World Bank Observance of Standards and Codes (ROSC) mission. The assessment was conducted from May 11 to 26, 2011. It reflects the banking supervision practices of the BCRA as of the end of April 2011. The assessment is based on the following sources: (i) a complete self-assessment prepared by the BCRA; (ii) detailed interviews with the BCRA staff; (iii) review of laws, regulations, and other documentation on the supervisory framework and on the structure and development of the Argentine banking sector; and (iv) meetings with individual banks, the banking associations, the Ministry of Economy and Public Finance (MECON), external auditors, and financial think tanks. This assessment is based solely on the laws, supervisory requirements, and practices that were in place at the time it was conducted. 2017-06-15T20:54:19Z 2017-06-15T20:54:19Z 2011-10 Report http://documents.worldbank.org/curated/en/244231467997617515/Argentina-Basel-core-principles-for-effective-banking-supervision-detailed-assessment-of-compliance http://hdl.handle.net/10986/27235 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work Latin America & Caribbean Argentina |