Basel Committee On Bank Supervision

AAA

DEFINITION of 'Basel Committee On Bank Supervision'

A committee established by the central bank governors of the Group of Ten countries in 1974 that seeks to improve the supervisory guidelines that central banks or similar authorities impose on both wholesale and retail banks. The committee makes banking policy guidelines for both member and non-member countries and helps authorities to implement its suggestions.

INVESTOPEDIA EXPLAINS 'Basel Committee On Bank Supervision'

Though the committee itself does not have any superior authority over the governments and central banks to which it makes recommendations, its guidelines are broadly followed and well regarded in the international central banking and finance community.

RELATED TERMS
  1. McDonough Ratio

    A ratio that was developed during the Basel II conference by ...
  2. General Provisions

    A balance sheet item representing funds set aside by a company ...
  3. Basel Accord

    A set of agreements set by the Basel Committee on Bank Supervision ...
  4. Basel I

    A set of international banking regulations put forth by the Basel ...
  5. Market Discipline

    The onus on the banks, financial institutions and sovereigns ...
  6. Bank For International Settlements ...

    An international organization fostering the cooperation of central ...
Related Articles
  1. Currency Exchange: Floating Rate Vs. ...
    Forex Education

    Currency Exchange: Floating Rate Vs. ...

  2. Understanding The Basel III International ...
    Personal Finance

    Understanding The Basel III International ...

  3. What Are Central Banks?
    Personal Finance

    What Are Central Banks?

  4. What Is The Bank For International Settlements?
    Personal Finance

    What Is The Bank For International Settlements?

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center