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    <description>The Detailed Assessment Report on Basel Core Principles recognizes strengthening of regulation and supervision by the central bank, noting implementation of much of the Basel III framework, the system-wide asset quality review and prudential measures since 2015 to improve transparency and risk recognition, and the adoption of a risk-based supervisory approach including SPARC, phased Liquidity Coverage Ratio and large exposure limits, and the Central Repository of Information on Large Credits (CRILC) as a supervisory enforcement tool.</description>
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