Fonsia M. Donzo

Banking Supervision in Liberia: How Adequate and Effective?

Is the Banking Supervisory System of the Central Bank of Liberia Adequate to ensure a Stable Banking System?

• Broschiertes Buch

Produktbeschreibung

Supervisory approach, techniques, reporting and disclosure and the legal authority of supervisors are significant requirements for effective and efficient financial institutions' supervision. These methodologies outlined the responsibilities of a bank's management and board as well as the operational independence of the supervisors. The New Financial Institutions Act 1999 and the Central Bank Act 1999 conferred power on the CBL to establish methodologies for supervising financial institutions that will ensure stability in the financial sector. The CBL has authority to grant and revoke financial institution's license, ensure that financial institutions are conducting their business operations in accordance with the prudential regulations and other applicable laws. The bank supervision methodologies established by the CBL followed international standards such as BCBS Core Principle Methodology. The CBL supervisors have adequate power, at least theoretically, to ensure a stable financial system.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 124
• Erscheinungstermin: 28. Februar 2011
• Englisch
• Abmessung: 220mm x 150mm x 8mm
• Gewicht: 203g
• ISBN-13: 9783844308723
• ISBN-10: 3844308725
• Artikelnr.: 33180738

Autorenporträt

Trabajo como Examinador Superior en el Departamento de Supervisión del Banco Central de Liberia. Antes de esto, trabajé en Voscon Inc, una empresa de auditoría en Liberia. Tengo un BBA y un LLB de la Universidad de Liberia, y un MBA de la Escuela de Graduados de la Universidad de Stellenbosch, Ciudad del Cabo. Me he beneficiado de una formación especializada en varios aspectos de la supervisión bancaria