The Basel Committee on Banking Supervision has been mentioned often in the media both during and after the financial crisis. This Committee provides a much-needed forum for regulators to meet at regular intervals and discuss cooperation on banking supervisory matters such as the management of capital under the Basel III capital accord. The aim of the committee is to enhance the understanding of key supervisory issues such as liquidity risk and capital management. In so doing, they strive to improve the quality of banking supervision worldwide. It is important for banks ...
Basel
Basel III a reality
Introduction The global economic crisis has provided regulators with an opportunity to fundamentally restructure the approach to risk and regulation in the financial sector. The international members of the Basel Committee on Banking Supervision have collectively agreed on reforms to "strengthen global capital and liquidity rules with the aim of promoting a more resilient banking sector". This is what is generally known as Basel III. One striking feature of the transition to Basel III is the extended period allowed for implementation. Some features of Basel III may ...
Liquidity risk levels upgraded under Basel III
The Basel Committee on Banking Supervision has been mentioned often during and after the financial crisis. This Committee provides a forum for regulators to meet at regular intervals and discuss cooperation on supervisory matters relating to banks. The purpose is to enhance the understanding of supervisory issues such as liquidity risk management and to improve the quality of banking supervision globally. In jurisdictions where bank regulators are party to the Basel process, the banks supervised by these regulators should closely monitor the thinking and policy development. For ...