Asset Details
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Georgia
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Publication
Georgia
2015
Overview
There have been significant improvements in both the quality of regulation and thesupervisory approach since the 2007 FSAP. Many amendments to existing laws, new laws, and regulations have been introduced, aimed at addressing shortfalls identified in the 2007 FSAP. These improvements will be evident throughout this assessment. At the same time, a number of weaknesses have been identified. Among these is an operational risk within the NBG's own Banking Supervisory Department. There has been a very high level of staff turnover in recent years due to a lack of salary competitiveness vis-à-vis the
Publisher
International Monetary Fund
Subject
ISBN
9781484365748, 1484365747
