Basel Committee | Practical Law

Basel Committee | Practical Law

Basel Committee

Basel Committee

Practical Law Glossary Item 6-384-0633 (Approx. 2 pages)

Glossary

Basel Committee

A committee on banking supervision that provides a cooperative forum for its members by facilitating the exchange of information, techniques and approach to supervision and by establishing guidelines and supervisory standards. Among other things, it has been responsible for reaching international agreement on the measurement of capital adequacy of banks and to establish minimum capital standards. Its members include Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, the United Kingdom and the United States.