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Fact sheet - Basel Committee on Banking Supervision

Functions

The Committee provides a forum for regular cooperation on banking supervisory matters. Over recent years, it has developed increasingly into a standard-setting body on all aspects of banking supervision.

Membership

Senior officials responsible for banking supervision or financial stability issues in central banks and authorities with formal responsibility for the prudential supervision of banking business where this is not the central bank.

Institutions
National Bank of BelgiumBanking and Finance and Insurance Commission
Bank of Canada Office of the Superintendent of Financial Institutions
Bank of France General Secretariat of the Banking Commission
Deutsche Bundesbank Federal Financial Supervisory Authority
Bank of Italy
Bank of Japan Financial Services Agency
Surveillance Commission for the Financial Sector (Luxembourg)
Netherlands Bank
Bank of Spain
Sveriges Riksbank Swedish Financial Supervisory Authority
Swiss National Bank Swiss Federal Banking Commission
Bank of England Financial Services Authority
Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency
Federal Reserve Bank of New York Federal Deposit Insurance Corporation
 Office of Thrift Supervision

Chairman

Nout Wellink, President of the Netherlands Bank.

Secretariat

Secretary General: Stefan Walter, supported by a staff of 14.

Frequency of meetings

The Basel Committee usually meets four times per year.

Reporting arrangements

The Basel Committee on Banking Supervision reports to a joint committee of central bank Governors and (non-central bank) heads of supervision from the G10 countries.

Outreach

The Committee maintains links with supervisors not directly participating in the committee with a view to strengthening prudential supervisory standards in all the major markets. These efforts take a number of different forms, including:

Main subgroups