The Basel Framework

Categories : Regulation and Payment System Governance, Regulation of Digital Financial Services

Posted:

Author: Bank of International Settlements

The Basel Framework is a consolidated version of the full set of standards of the Basel Committee on Banking Supervision (BCBS), which is the primary global standard setter for the prudential regulation of banks. The membership of the BCBS has agreed to fully implement these standards and apply them to the internationally active banks in their jurisdictions.