BIS and Basel norm Subject: Economy Section: Monetary Policy What is Basel Committee? The Basel Committee – initially named the Committee on Banking Regulations and Supervisory Practices was established by the central bank Governors of the Group of Ten countries at the end of 1974 in the aftermath of serious disturbances in international currency and banking markets […]

Subject: Economy Context: During BIS’ annual general meeting last month, it discussed actions taken by central banks in various countries in response to pandemic. Concept: The Basel Committee – initially named the Committee on Banking Regulations and Supervisory Practices was established by the central bank Governors of the Group of Ten countries at the end […]