Financial institution for Worldwide Settlements, Basel
The Basel Committee on Banking Supervision has revised its steering on overseeing lenders, rising its concentrate on dangers that triggered latest US financial institution collapses.
The BCBS started work revising its Core ideas for efficient banking supervision in 2022, earlier than the newest sequence of financial institution failures. The brand new doc features a better emphasis on banks’ administration of rate of interest danger, a essential issue within the failure of Silicon Valley Financial institution.
It requires that banks’ stress-testing programmes
