10 Questions
What are Basel norms?
International banking regulations
What is the goal of Basel norms?
Strengthening the international banking system
When was the Basel Committee on Banking Supervision established?
1974
How many members does the Basel Committee on Banking Supervision have?
45 members
What is the role of the Basel Committee on Banking Supervision?
Standard setter for the prudential regulation of banks
What are Basel norms?
International banking regulations
What is the goal of Basel norms?
Strengthening the international banking system
When was the Basel Committee on Banking Supervision established?
1974
How many members does the Basel Committee on Banking Supervision have?
45
What is the primary role of the Basel Committee on Banking Supervision?
Global standard setter for the prudential regulation of banks
Study Notes
Basel Norms
- Basel norms are a set of international banking regulations issued by the Basel Committee on Banking Supervision (BCBS)
- The goal of Basel norms is to strengthen the stability of the international banking system by establishing common standards for banking regulation and supervision
Basel Committee on Banking Supervision
- The Basel Committee on Banking Supervision (BCBS) was established in 1974 by the central bank governors of the G10 countries
- The BCBS has 45 member countries, making it the primary global standard-setter for the prudential regulation of banks
- The primary role of the BCBS is to provide a forum for cooperation on banking supervisory matters, and to set international standards for banking regulation and supervision
Test your knowledge of international banking regulations with this quiz on Basel Norms. Challenge yourself with questions about the Basel Committee on Banking Supervision, coordination of banking regulations, and the goal of strengthening the international banking system.
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