Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.

The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, in their letter of January 9th, 2015, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Fi...

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Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	clearing and settlement financial oversight financial regulation risks
Online Access:	http://documents.worldbank.org/curated/en/742241480916148985/Chile-Financial-Sector-Assessment-Program-FSAP http://hdl.handle.net/10986/25716

id	okr-10986-25716
recordtype	oai_dc
spelling	okr-10986-257162021-05-25T08:56:01Z Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A. World Bank Group clearing and settlement financial oversight financial regulation risks The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, in their letter of January 9th, 2015, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI) of the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commission (IOSCO). The main tool used by the assessment was the CPSS-IOSCO Assessment Methodology for the Principles for Financial Market Infrastructure and the Responsibilities of Authorities. Each of the FMIs and Chilean authorities – the Banco Central de Chile (BCCh), the Superintendencia de Valores y Seguros (SVS) and the Superintendencia de Bancos e Instituciones Financieras (SBIF),completed a self-assessment for the PFMI and the Responsibilities of Authorities, respectively. On this basis, the WBG team and the local team conducted detailed interviews with senior and mid-level managers of all the respective institutions, and prepared the assessment reports. In addition to the self-assessments, other sources of information included the applicable laws and regulations, as well as each FMI’s main policies and internal documents (e.g. detailed policies, and processes and procedures for certain key areas) which were shared by the FMIs with the assessors, and other information available at each FMI’s website (e.g. statistics). The WBG and local teams also met with a number of users of these FMIs, including two large commercial banks and two brokers-dealers that are not part of local bank-lead conglomerates. 2016-12-12T23:11:44Z 2016-12-12T23:11:44Z 2016-05 Report http://documents.worldbank.org/curated/en/742241480916148985/Chile-Financial-Sector-Assessment-Program-FSAP http://hdl.handle.net/10986/25716 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program Latin America & Caribbean Chile
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	clearing and settlement financial oversight financial regulation risks
spellingShingle	clearing and settlement financial oversight financial regulation risks World Bank Group Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
geographic_facet	Latin America & Caribbean Chile
description	The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, in their letter of January 9th, 2015, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI) of the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commission (IOSCO). The main tool used by the assessment was the CPSS-IOSCO Assessment Methodology for the Principles for Financial Market Infrastructure and the Responsibilities of Authorities. Each of the FMIs and Chilean authorities – the Banco Central de Chile (BCCh), the Superintendencia de Valores y Seguros (SVS) and the Superintendencia de Bancos e Instituciones Financieras (SBIF),completed a self-assessment for the PFMI and the Responsibilities of Authorities, respectively. On this basis, the WBG team and the local team conducted detailed interviews with senior and mid-level managers of all the respective institutions, and prepared the assessment reports. In addition to the self-assessments, other sources of information included the applicable laws and regulations, as well as each FMI’s main policies and internal documents (e.g. detailed policies, and processes and procedures for certain key areas) which were shared by the FMIs with the assessors, and other information available at each FMI’s website (e.g. statistics). The WBG and local teams also met with a number of users of these FMIs, including two large commercial banks and two brokers-dealers that are not part of local bank-lead conglomerates.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
title_short	Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
title_full	Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
title_fullStr	Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
title_full_unstemmed	Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.
title_sort	chile financial sector assessment program : detailed assessment report of combanc s.a.
publisher	World Bank, Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/742241480916148985/Chile-Financial-Sector-Assessment-Program-FSAP http://hdl.handle.net/10986/25716
_version_	1764459971393617920

Chile Financial Sector Assessment Program : Detailed Assessment Report of ComBanc S.A.

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