Competent authorities may , by bilateral agreement , responsibilities to other competent authorities supervisory . delegate tasks and

Competent authorities may , by bilateral agreement , responsibilities to other competent authorities supervisory . delegate

National supervisory authorities may , by bilateral agreement , delegate tasks and responsibilities to other national supervisory authorities .

In particular , the IMF together with the World Bank continued to prepare assessments of compliance with standards and codes and of the soundness of domestic financial systems in the context of Reports on the Observance of Standards and Codes ( ROSCs ) and Financial Sector Assessment Programmes ( FSAPs ) .

The ECB supported these efforts by providing technical experts for FSAP missions .

Bilateral surveillance The ECB not only contributed to multilateral surveillance , but also participated in bilateral reviews of economic policies with the IMF and the OECD .

Multilateral surveillance The ECB participated in the exchange of information and views with other policymakers in multilateral organisations and fora . Regular meetings on monetary , financial and economic developments and policies in major economic areas contributed to , inter alia , clarifying views on current policies in the euro area and on the impact of external developments on the euro area economy .

Bilateral surveillance The Eurosystem contributed to bilateral reviews of monetary , financial and economic policies with the IMF and the OECD .

One of the main recent achievements of the IMF has been an improvement in surveillance .

Somewhere between the two was the position of minister plenipotentiary.

In the subsequent international policy discussions , members stressed the need for the IMF to place greater emphasis in its bilateral surveillance on exchange rate issues and international spillovers from national policy measures .

Supplementing the IMF 's bilateral surveillance , the first multilateral consultation focuses on the implementation of policies to unwind global imbalances in an orderly fashion while sustaining global growth .

promote an effective bilateral and multilateral exchange of information between competent authorities , with full respect of the applicable confidentiality and data protection provisions provided for in the relevant Community legislation

promote an effective bilateral and multilateral exchange of information between national supervisory authorities , with full respect of the applicable confidentiality and data protection provisions provided for in the relevant Community legislation

The counterparties settlement accounts with the national central banks may be used as reserve accounts . Reserve base the sum of the eligible balance sheet items which constitute the basis for calculating the reserve requirement of a credit institution .

The counterparties settlement accounts with the national central banks may be used as reserve accounts . Reserve base the sum of the balance sheet items which constitute the basis for calculating the reserve requirement of a credit institution .

Quick tender the tender procedure used by the Eurosystem for fine tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market .

Reserve account an account with the national central bank on which a counterparty 's reserve holdings are maintained .

Reserve ratio the ratio defined by the central bank for each category of balance sheet items included in the reserve base . The ratios are used to calculate reserve requirements .

Nonetheless, the visit will highlight several important features of the bilateral relationship.

Open market operation an operation executed on the initiative of the central bank in the financial markets involving one of the following transactions ( i ) buying or selling assets outright ( spot or forward )

The counterparties settlement accounts with the national central banks may be used as reserve accounts . Reserve base the sum of the eligible balance sheet items which constitute the basis for calculating the reserve requirement of a credit institution .

The Commission's project monitoring policy consists of different instruments preventative project monitoring, desk monitoring, financial monitoring and visits in situ to projects (field monitoring).

MONITORING

PRUDENTIAL SUPERVISION Article 25 Prudential supervision

Bilateral cooperation between supervisors in the EEA has developed significantly , not only in the context of an extensive network of Memoranda of Understanding some of them covering specific cross border banking and financial groups but also in the form of extensive multilateral exchange of information in the Groupe de Contact of European banking supervisors .

ECB representation in intergovernmental institutions The IMF , as the cornerstone of the international monetary system , plays a key role in the process of the multilateral and bilateral surveillance over macroeconomic policies and financial market stability .

PRUDENTIAL SUPERVISION Article 25 Prudential supervision 25.1 .

promote an effective bilateral and multilateral exchange of information between competent authorities , with full respect of the applicable confidentiality and data protection provisions provided for in the relevant Community legislation

2.1 INTERNATIONAL MONETARY AND FINANCIAL SYSTEM MULTILATERAL AND BILATERAL SURVEILLANCE OF MACROECONOMIC POLICIES The ECB regularly exchanged information and views on economic developments and policies with policy makers outside the euro area and with international institutions .

PRUDENTIAL SUPERVISION

Prudential supervision

BANKING SUPERVISION

Banking supervision

No better opportunity to end decades of bilateral hostility is likely to come along.

Later on I managed to book for an appointment with a surgeon to undergo Bilateral Orchiectomy.

PRUDENTIAL SUPERVISION Article 25 Prudential supervision 25.1 .

using the opportunities available under Tempus III to channel exchange actions receiving bilateral funding,

the BI system will be used to monitor the ESCB 's bilateral interventions

Banking supervision Glossary

National supervisors have the responsibility for prudential supervision at the national level .

Chapter V Prudential supervision Article 25 Prudential supervision 25.1 .

But, beneath the surface, unease in the bilateral relationship persists, partly for historical reasons.

The bilateral nature of the talks makes them less unwieldy than the ever expanding TPP.

In December 1994 , the Spanish peseta weakened below its former lower bilateral limit .