Summary:Morocco applies international best practices in the area of banking supervision. Nevertheless,
it is important that its banking supervision system adapt to both the new international standard3
implemented following the global financial crisis and the structural changes in the Moroccan
banking system. In response to these challenges, the Bank Al-Maghrib (BAM) has adopted a new
banking law,4 which includes principles on the supervision of systemically important banks, the
strengthening of governance mechanisms, a framework for the orderly resolution of credit
institutions, and expansion of the cooperation between regulators.
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