Basel Committee on Banking Supervision

{
  "id": "MLC-T-INS-000529",
  "term": "Basel Committee on Banking Supervision",
  "field": "Insurance and risk management",
  "definition": "An international committee of banking supervisory authorities that formulates global regulatory standards for banks. Its primary objective is to strengthen the regulation, supervision, and practices of banks worldwide to enhance financial stability. The Basel Accords (Basel I, II, and III) are key frameworks developed by the committee, setting capital adequacy and risk management requirements for internationally active banks.",
  "url": "https://mlchart.com/terminology/insurance/basel-committee-on-banking-supervision/"
}