Basel Committee on Banking Supervision (BCBS)

What is Basel Committee on Banking Supervision (BCBS)?

Basel Committee on Banking Supervision (BCBS) definition and meaning on Finance terms:
The primary global standard-setter for the prudential regulation of banks and a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. BCBS members include organisations with direct banking supervisory authority and central banks. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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