Morocco applies international best practices in the area of banking supervision. Nevertheless, it is important that its banking supervision system adapt to both the new international standard3 implemented following the global financial crisis and the structural changes in the Moroccan banking system. In response to these challenges, the Bank Al-Maghrib (BAM) has adopted a new banking law,4 which includes principles on the supervision of systemically important banks, the strengthening of governance mechanisms, a framework for the orderly resolution of credit institutions, and expansion of the cooperation between regulators.
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|Size: ||834 KB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2016|
|ISBN: ||9781475546255 (DRM-EPUB)|
|Read Aloud: ||not allowed|