basel norms Flashcards
who issues these? how many members does it have
basel committee on banking supervision. 45 members
what are they
international banking regulations
who established it and when
central bank governors of G10 in 1974.
where is this committee’s hq?
inside the offices of bureau of international settlement in basel city, switz. hence the name basel.
what does BIS do
fosters cooperation among central banks with a common goal of financial stability and common standards of banking
how many sets of regulations have been released and when
base-I in 1988 adopted by ind in 1999. base-II in 2004. base-III in 2010.
what does base 1 deal with
capital adequacy of banks
base 2 deal with
minimum capital requirements, supervisory of capital adequacy and internal assessment of financial institutions
base 3 introduced new concept of
minimum liquidity ratio
