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As discussed in Chapter 4, the Bank of Greece, in particular, the Department for the Supervision of Credit and Financial Institutions, is responsible for the prudential supervision of the Greek banking sector. Within this context, the BoG has issued executive decisions laying down supervisory rules in the areas of: (i) capital adequacy (Basel II), (ii) adequacy of provisions, (iii) liquidity, (iv) reporting and (v) internal control systems.
KeywordsLiquidity Risk Credit Institution Capital Adequacy Internal Control System Administrative Sanction
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