Skip to content Skip to footer site map

Sign In
 

Resource Center

12 Key Standards and Self Assessments-Code 10

10. Core Principles for Effective Banking Supervision
(Basel Committee)
 

Description | Standard | Self-Assessment PDF icon

As evidenced by recent financial crises, weaknesses in the banking system of a country can threaten financial stability both within that country and internationally. In order to strengthen the banking system, the Basel Committee on Banking Supervision, after extensive consultations, developed a set of 25 core principles for banking supervision. They are considered essential for any supervisory system to be effective.

The principles cover:

  • Preconditions for effective banking supervision
  • Licensing process and approval for changes in structure
  • Arrangements for ongoing banking supervision
  • Formal powers of supervisors
  • Cross-border banking
 
Last Updated: 12/1/2010 8:45 AM

Contact Us

Department of the Treasury
1500 Pennsylvania Ave., N.W.
Washington, D.C. 20220

General Information: (202) 622-2000
Fax: (202) 622-6415
Hours: Mon-Fri 8:00am - 5:00pm

Untitled 1
Untitled 1

E-Mail Signup

Sign Up to Receive Treasury.gov News src= Sign up to Receive
Treasury.gov News