We can help supervisory and regulatory authorities constrained by an inadequate number of staff or the lack of specialized expertise.
Our teams have completed more than 10 on-site supervision engagements to review topics including liquidity and treasury management, overall risk management, credit risk, governance, and capital adequacy and capital planning. Many of these engagements included developing the necessary on-site procedures, while others required the use of the authorities' existing procedures. Each engagement required initial planning in coordination with the agencies' staff, completion of on-site work and preparation and presentation of findings and recommendations. Staff of the supervisory agencies received hands-on training by working with our expert team, and in several cases through a formal training session delivered at the conclusion of the engagement.
We have supported multiple central banks in preparing new or revised regulations and prudential standards that are fully aligned with international best practices codified by the Basel Committee on Banking Supervision.
We have also supported the development of supervisory procedures and processes, including provision of hands-on training, for the review of various elements of risk managment and governance, consolidated supervision, and applications for new licenses.
Mike Andrews has assessed the practice of bank supervision in more than 15 jurisdictions through the completion of detailed assessment reports of the implementation of the Basel Core Principles for Effective Banking Supervision--the internationally recognized standard. These assessments have taken place in the context of Financial Sector Assessment Program (FSAP) reviews, and as a stand-alone diagnostic tool. He was retained twice by the International Monetary Fund to undertake quality control reviews of Basel Core Principle Assessments, giving him exposure to a combined sample of 50 assessments, in addition to the many he has completed himself.