Georgia: Financial Sector Assessment Program-Technical Note-Selected Issues in Banking Supervision

Author: International Monetary Fund. Monetary and Capital Markets Department

Georgia: Financial Sector Assessment Program-Technical Note-Selected Issues in Banking Supervision; IMF Country Report No. 21/222

Volume/Issue: Volume 2021 Issue 222

Publication date: September 2021

ISBN: 9781557753625

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Money and Monetary Policy , Public Finance , International - Economics , WB staff , staff team of the International Monetary Fund , conservation buffer , staff in the context , NBG staff , Bank supervision , Credit risk , Commercial banks , Liquidity requirements , Internal audit , Global

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Summary

This note was prepared for the 2021 FSAP mission to Georgia and provides recommendations on a select set of banking supervision topics against relevant elements of the Basel Core Principles for Effective Banking Supervision. The current review focused on implementation and effectiveness of recent changes to the Georgian banking supervisory framework, and included actions being taken or planned to address current challenges facing Georgian authorities.