Basel Committee steps to strengthen the banking system
28 Apr 2008
the Basel Committee on Banking Supervision has announced a series of steps to help make the banking system more resilient to financial shocks.
These measures will be introduced in a manner that promotes long-term bank resiliency and strong supervision, while seeking to avoid potentially adverse near-term impacts as the re-pricing of risk and deleveraging process continues in financial markets. The measures include:
Click to download the Basel Committee Announcement (PDF 30k).
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