Cyprus
This note presents a factual update of the 2005 assessment of Cyprus compliance with the 1997 Basel Core Principles for Effective Banking Supervision (BCP), including a follow up on implementation of the 2005 BCP assessment, undertaken in the context of the original Offshore Financial Center (OFC) assessment in 2005. The note was based on a factual update prepared by the Central Bank of Cyprus (CBC); interviews with staff of the CBC, external auditors, industry, and professional associations; and legal and other background documents. The update follows the 1997 BCP and took into account the r
E-Book, English, 2009
International Monetary Fund, Washington, 2009