Release date- 01082019 - As part of an ongoing effort to ensure efficient operations, the OCC yesterday announced it would consolidate bank supervision
support, risk analysis and oversight of trust banks and significant service providers, creating two new supervisory units.
US federal institution the Office of the Comptroller of the Currency (OCC) has announced that it has named a senior deputy comptroller for Bank Supervision
Ivan Iskrov, Governor of the Bulgarian National Bank (BNB) has submitted to Parliament a proposal for the appointment of Dimitar Kostov as head of the Bank Supervision
unit of BNB.
Part 2 examines policy challenges in the areas of structural reforms, fiscal policy, and monetary policy and bank supervision
. The study makes recommendations on areas such as boosting medium and long-term growth prospects, reduction of debt levels, dollarization as an alternative framework for monetary policy, and evaluation of compliance with international best practices in bank supervision
The resolution welcomes the fact that EU countries have now accepted that an integrated bank supervision
system is necessary, more than two years after the European Parliament itself called for this.
The finance ministers of France and Spain have called for common euro zone bank supervision
to be put in place by the end of the year, as fears grow over soaring borrowing costs in Spain that are pushing the country towards needing a bailout.
The causes of the direct bank supervision
in the Finance Credit Bank were not resolved yet.
During his 34 years of service with the Reserve Bank, he has spent over two decades in supervision and regulation where he has been General Manager, Registrar of Banks and Head of Bank Supervision
for the last eight years.
Before joining CiBank, Andronov worked at the Bulgarian National Bank, where he was last the director of the bank supervision
Within the framework of this program, which should help the countries of Southeast Europe weather the crisis more easily, is also 2.6 million euros in technical assistance from the European Central Bank intended for the central banks in the region for stepping up bank supervision
In a report to Congress released mid-January, the Federal Reserve Board of Governors provided perspectives on why the Federal Reserve should continue to have a central role in bank supervision