France; Financial System Stability Assessment

This Financial System Stability Assessment on France discusses the French financial system and the restructuring of French banks to different business models. The French banking system weathered the 2007â€“09 global financial crisis well. The large French banks have announced plans to meet Basel III Common Equity Tier 1 (CET1) capital targets during 2013, and have divested noncore assets. The banks are increasing their liquidity and reducing their dependence on short-term and U.S. dollar wholesale funding. IMF staff recommends timely feedback and strengthened follow-up mechanisms in the supervisory process.

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Year of publication:	2012-12-21
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Financial system stability assessment \| Financial sector \| Banks \| Stress testing \| Basel Core Principles \| Bank supervision \| Risk management \| Insurance supervision \| Securities regulations \| Financial safety nets \| Anti-money laundering \| Combating the financing of terrorism \| France \| regulation \| board members \| rules \| regulations \| legislation \| regulatory requirements \| regulatory framework \| legal framework \| regulatory system \| regulatory changes \| internal control \| enforcement powers \| legislative changes \| regulatory standards \| technical standards \| international standards \| internal audit \| institutional framework \| sensitivity analysis \| decision-making process \| enforcement activities \| contingent liabilities \| institutional changes \| international negotiations \| regulatory approach \| standards of conduct \| moral suasion \| legal authority \| regulatory responses \| inspection programs \| international market \| management framework \| public interest \| control regulation \| risk analysis \| sound governance \| corrective actions \| draft legislation \| licence conditions \| regulatory environment \| legislative requirements \| audit function \| professional body \| legislative change \| regulatory regime \| governance processes \| international organization \| statutory requirements \| internal management

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 12/341 10 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243534