II.1 Consolidated Supervision and Cooperation Conglomerates - Asociación de Supervisores Bancarios de las Américas

Correspondent banking

(Anonymous) — Mon, 18 Jul 2016 08:06:04 +0000

Through correspondent banking relationships, banks can access financial services in different jurisdictions and provide cross-border payment services to their customers, supporting international trade and financial inclusion.

Principles for Effective Supervisory Colleges

(Anonymous) — Sat, 31 May 2014 21:23:24 +0000

A series of key initiatives have been undertaken with regard to the reform of international financial regulation and supervision. In particular, supervisors have taken steps to enhance the supervision of global systemically important banks (G-SIBs). Effective supervisory colleges play a key role in such enhanced supervision. Supervisory colleges can enhance information-sharing among supervisors, help the development of a common understanding of risk in financial groups, promote a shared agenda for addressing risks and vulnerabilities, and provide a platform for communicating key supervisory messages among college members.

Framework for Dealing with DSIBs

(Anonymous) — Sun, 30 Sep 2012 21:20:53 +0000

The Basel Committee on Banking Supervision (the Committee) issued the rules text on the assessment methodology for global systemically important banks (G-SIBs) and their additional loss absorbency requirements in November 2011. The G-SIB rules text was endorsed by the G20 Leaders at their November 2011 meeting. The G20 Leaders also asked the Committee and the Financial Stability Board to work on modalities to extend expeditiously the G-SIFI framework to domestic systemically important banks (D-SIBs).

Principles for the Supervision of Financial Conglomerates

(Anonymous) — Sat, 01 Sep 2012 03:25:12 +0000

The financial crisis that began in 2007 highlighted the significant role that financial groups, including financial conglomerates, play in the stability of global and local economies. Due to their economic reach and their mix of regulated and unregulated entities (such as special purpose entities and unregulated holding companies) across sectoral boundaries, financial conglomerates present challenges for sector specific supervisory oversight.

G7 Ton Principles on Information Sharing

(Anonymous) — Sun, 30 Apr 1995 21:18:37 +0000

Set out below are the Ten Key Principles on Information Sharing issued by the G-7 Finance Ministers in May 1998. The principles were published in a report of the Ministers entitled Financial Stability - Supervision of Global Financial Institutions.