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Principles laid by the committee which supervises the Banking operations. It was established by the central bank with a group of members.
The basel committee on banking supervision has completed its review of the october 2006 core principles for effective banking supervision and the associated core principles methodology.
Basel committee principles provides a forum for regular cooperation on banking supervisory matters.
- The Basel Committee on Banking Supervision (BCBS) is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1975.
- It provides a forum for regular cooperation on banking supervisory matters.
- Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide.
The Basel committee on banking supervision is a committee of banking supervisory authorities that was established by the central bank governors of the group of regular cooperation on banking , core principles effective banking supervision and the concordat on cross border banking supervision.
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