BASEL Committee on Banking Supervision definition

BASEL Committee on Banking Supervision means, the committee created in 1974 by the central bank governors of the Group of Ten nations. For purposes hereof “Group of Ten” shall mean the eleven countries of Belgium, Canada, France, Germany, Switzerland, the United States, Italy, Japan, the Netherlands, Sweden and the United Kingdom, which are commonly referred to as the “Group of Ten” or “G-10”, and any successor thereto.
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BASEL Committee on Banking Supervision means a committee of the Bank for International Settlements, the secretariat of which consists of supervisors from central banks and other authorities of member
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BASEL Committee on Banking Supervision means a committee of the Bank for International Settlements, the secretariat of which consists of supervisors from central banks and other authorities of member countries and is located in Basel, Switzerland;(Definition of “Basel Committee on Banking Supervision” inserted by section 1(b) of Act 22 of 2013)
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Examples of BASEL Committee on Banking Supervision in a sentence

  • The BASEL Committee on Banking Supervision (BCBS, 255) stated the broad aim of their policies is to:• reduce the probability of failure of G-SIBs by increasing their going-concern loss absorbency; and• reduce the extent or impact of failure of G-SIBs, by improving global recovery and resolution frameworks.

  • The capital charge for market risk was introduced by the BASEL Committee on Banking Supervision through the Market Risk Amendment of January 1996 to the capital accord of 1988 (BASEL I Framework).

  • Events of misunderstanding of Credit Rating process by investors, minimal oversight and formal regulation and concerns over the integrity of Credit Rating process have encouraged IOSCO to develop such guideline of principlesThe principles were set upon discussion among IOSCO members, CRA‟s, Representatives of BASEL Committee on Banking Supervision, International Association of Insurance Supervisors, Issuers and the public at large.

  • BASEL Committee on Banking Supervision (BCBS)Internationally BASEL committee has been coordinating since many years in the banking regulation, policy and directives.

  • CONSERVATION MOTOR VEHICLE REGISTRATION PLATES (a) The Commissioner shall, upon application, issue conservation registration plates for use only on vehicles registered at the pleasure car rate, on trucks registered for less than 26,001 pounds, and on vehicles registered to State agencies under section 376 of this title, but excluding vehicles registered under the International Registration Plan.

  • BASEL Committee on Banking Supervision, 2001b, “ The Internal Ratings Based Approach”, < http://www.bis.org/pub/bcbsca.html>, January.

  • The IVSs have been developed for procedural guidance in the valuation of assets for a variety of purposes including for use in financial statements and to harmonise standards amongst jurisdictions to achieve uniformity.The IVSC liaises with the IASB and other international bodies such as the IPSASB , the International Organisation of Security Commissions and the BASEL Committee on Banking Supervision.

  • The BASEL Committee on Banking Supervision has published a new framework for calculating minimum capital requirement, known as„Basel II‟.


More Definitions of BASEL Committee on Banking Supervision

BASEL Committee on Banking Supervision means a committee of 10 the Bank for International Settlements, the secretariat of which consists
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Related to BASEL Committee on Banking Supervision

  • Community supervision means an order of disposition by the

  • Central Bank Rules means the UCITS Regulations, Central Bank Regulations and any regulations, guidance and conditions issued by the Central Bank from time to time pursuant to the UCITS Regulations, the Central Bank Regulations and/or the Central Bank Act regarding the regulation of undertakings for collective investment in transferable securities, as such may be amended, supplemented or replaced from time to time;

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • Direct supervision means oversight at a distance within which:

  • Central Bank Regulations means the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations, 2019, as may be amended from time to time;

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Instrument or, as the case may be, Coupon.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • General supervision means that general instructions are given and tasks are undertaken to achieve the required outcomes or objectives. Discretion and choice in selecting the most appropriate method for completing the allotted tasks is expected and encouraged.