Basle Committee on Banking Supervision

The Basel Committee on Banking Supervision is an international organization that brings together banking regulators from around the world. Its goal is to develop standards and best practices to strengthen banking systems, making them more resilient to economic shocks. This includes setting important rules for banks, such as how much capital they should keep on hand to cover potential losses. By promoting consistent regulations across countries, the Basel Committee helps ensure the stability of the global financial system and protects depositors and the economy from risks.