Basel Committee on Banking Supervision
/ˈbɑːzəl kəˈmɪti ɒn ˈbæŋkɪŋ ˌsuːpərˈvɪʒən/
Definitions
- (n.) An international standard-setting body that formulates broad supervisory standards and guidelines for banking regulation to enhance financial stability.
The Basel Committee on Banking Supervision issued new guidelines to improve risk management in banks.
Forms
- basel committee on banking supervision
Related terms
See also
Commentary
The Basel Committee's standards, such as the Basel Accords, are internationally influential but non-binding, adopted through national legislation.
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