Basel norms in banking are an internationally agreed set of measures developed by the Basel Committee on Banking Supervision (BCBS) in response to the numerous challenges faced by the financial and capital markets. As the Bank for International Settlements (BIS) explained, the measures aim at setting minimum standards and requirements that apply to internationally active banks and financial institutions.
Basel norms in banking are an internationally agreed set of measures developed by the Basel Committee on Banking Supervision (BCBS) in response to the numerous challenges faced by the financial and capital markets. As the Bank for International Settlements (BIS) explained, the measures aim at setting minimum standards and requirements that apply to internationally active banks and financial institutions.
Read More