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Basel Committee on Banking Supervision

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Basel Committee on Banking Supervision
An organization that seeks to provide a supranational framework for banking regulation. It prepares major overhauls to regulatory systems, such as the Basel II Accord. It does not have enforcement authority, but rather makes recommendations to member countries. It was established by the central banks of the G-10 in 1974. It is also called the BIS Committee. It takes both its names from the fact that it meets four times per year at the Bank for International Settlements (BIS) in Basel, Switzerland.


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There are many international organizations that help shape policy by coordinating initiatives and debating regulation issues that surround the world's financial system, including: * BASEL COMMITTEE ON BANKING SUPERVISION (www.
Support included training on the assessment of credit risk portfolio and loans impairments in line with the International Accounting Standards and the Basel Committee on Banking Supervision recommendations.
The Basel Committee on Banking Supervision is set to agree on a global liquidity framework in December which would include the use of simple ratios, one of which would set a minimum level, but implementation is unclear.
 
 
 
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