The Basel Core Principles were issued in September 1997 and the Core Principles Methodology was released in October 1999 by the Basel Committee on Banking Supervision. The IMF Code of Good Practices on Transparency in Monetary and Financial Policies was adopted by the Interim Committee in September 1999 and the supporting documentation was approved by the Executive Board in July 2000. The draft Core Principles for Systemically Important Payment Systems, including the methodology were issued for comments in December 1999. The final set ofprinciples was issued in January 2001. The IOSCO Objectives and Principles were issued in September 1998 and a detailed selfassessment methodology is being developed. The IAIS Supervisory Principles were issued in September 1997 and a self-assessment program has been developed to assist the members in evaluating compliance.
The standards that are part of this assessment all put relatively more emphasis on the regulatory framework than on the actual supervisory work. As a result of this, the efforts of the supervisors to overcome deficiencies in the regulations cannot always be fully recognized in the assessments, because of the remaining doubts about the enforceability of their actions.
Currently, this information is available through court registers.