April 2, 2008 – 6:26 pm
- Institution: Basel Committee on Banking Supervision
- Abbreviation: BCBS
- Type: Public
- Founded: 1974
- Members Total: 13
- Membership in: FSF, JF
- Membership of:
- Description: The Basel Committee on Banking Supervision is forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide. It seeks to do so by exchanging information on national supervisory issues, approaches and techniques, with a view to promoting common understanding.
The Committee uses this common understanding to develop guidelines and supervisory standards in areas where they are considered desirable. In this regard, the Committee is best known for its international standards on capital adequacy; the Core Principles for Effective Banking Supervision; and the Concordat on cross-border banking supervision.
- Working Group: Accord Implementation Group, Policy Development Group, Accounting Task Force, International Liaison Group
- Outreach: The Committee maintains links with supervisors not directly participating in the committee with a view to strengthening prudential supervisory standards in all the major markets.
- Reporting to: G10
- Website:http://www.bis.org/bcbs
- Highest Organ:
- Chair: Nout Wellink, President of the Netherlands Bank.
- Seat: Basel
- Function:
- Standards: Basel I, Basel II
Topics of this post:
banking supervision,
basel,
bis,
central banks,
financial architecture,
financial regulation,
fsf,
jf,
Organisations,
public
See also
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