PolyU Library
Journal Call no.HG1302.Q37
AuthorCarse, David.
Article TitleThe framework of banking supervision : the Hong Kong perspective / David Carse.
Is Part OfQuarterly bulletin / Hong Kong Monetary Authority ; no.7, May 1996, p.58-62.
AbstractThe role of an effective supervisory system is to reinforce the discipline and control exercised by management of the AIs by laying down and enforcing a framework of minimum prudential standards. The elements of an effective supervisory system include a sound legal framework of banking legislation and a supervisory policy framwork which can best be summed up in the CAMEL rating system. On-site examination and off-site analysis are the methods used to ensure banks are under proper control.