Skip to content Skip to footer site map

Sign In
Home
Treasury For...
AboutExpand About
Resource CenterExpand Resource Center
Empty
ServicesExpand Services
InitiativesExpand Initiatives
CareersExpand Careers
Connect with Us
 

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