Basel Committee on
Banking Supervision

Based at the Bank for International Settlements (BIS)

http://www.bis.org/bcbs/index.htm

The Basel Committee on Banking Supervision provides an international forum for regular cooperation on banking supervisory matters. Best known for its international standards on capital adequacy administered through the Basel I, Basel II and Basel III accords. Based at the Bank for International Settlements in Basel, Switzerland.

Key Facts
The purpose of BCBS is to encourage convergence toward common approaches and standards. The Committee is not a classical multilateral organization, in part because it has no founding treaty. BCBS does not issue binding regulation; rather, it functions as an informal forum in which policy solutions and standards are developed.

Additional Information
About the Basel Committee

Who it affects
Banks in member countries Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, Hong Kong SAR, India, Indonesia, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States.

Wikipedia Entry
http://en.wikipedia.org/wiki/Basel_Committee_on_Banking_Supervision

Back to the Opus Periodic Table of Bank Regulation & Compliance