Basel Committee on Banking Supervision

The Basel Committee on Banking Supervision is an international group that develops guidelines aimed at improving the safety and stability of banks worldwide. Established by central bank governors from 10 countries, it issues recommendations on banking regulations, particularly regarding capital requirements and risk management. These guidelines help ensure banks have enough capital to withstand financial difficulties, promoting trust in the banking system. By coordinating regulations across different countries, the Basel Committee seeks to prevent financial crises and protect depositors, contributing to a more resilient global economy.