Basel Committee groups
The BCBS's permanent internal structure is made up of four groups: the Risks and Vulnerabilities Assessment Group, the Supervisory Cooperation Group, the Policy and Standards Group and the Basel Consultative Group. At present the BCBS has also established two task forces to work on priority projects: the Task Force on Climate-related Financial Risks and the Task Force on Evaluations. The groups and task forces are supported by a set of working groups with expertise in specific areas of policy and supervision.
The Risks and Vulnerabilities Assessment Group (RVG) leads the Committee's work on the monitoring and assessment of risks and vulnerabilities that could impact the resilience of the global banking system.
Co-chair: Bertrand Rime, Swiss National Bank
Co-chair: Michael Gibson, Board of Governors of the Federal Reserve System
The Supervisory Cooperation Group (SCG) leads the Committee's work on strengthening supervision of banks worldwide and promoting strong and effective supervisory cooperation on cross-border banking issues.
Co-chair: Tomoko Amaya, Japanese Financial Services Agency
Co-chair: Ben Gully, Office of the Superintendent of Financial Institutions
The Policy and Standards Group (PSG) leads the Committee's work on the development and implementation of common prudential standards with the aim of ensuring a level playing field among internationally active banks and strengthening the regulation of banks worldwide.
Co-chair: Arthur Yuen, Hong Kong Monetary Authority
Co-chair: Korbinian Ibel, European Central Bank
The Basel Consultative Group (BCG) provides a forum for deepening the Committee's engagement with supervisors around the world on banking supervisory issues. It facilitates broad supervisory dialogue with non-member countries on new Committee initiatives early in the process by gathering senior representatives from various countries, international institutions and regional groups of banking supervisors that are not members of the Committee.
Co-chair: Kuben Naidoo, South African Reserve Bank
Co-chair: John Aspden, Group of International Finance Centre Supervisors
BCG membership comprises central banks and supervisory authorities from 28 countries, as well as supervisory groups, international agencies and other bodies.
Institutions represented on the Basel Consultative Group
| Countries | |
| Argentina | Banco Central de la República Argentina (BCRA) |
| Armenia | Central Bank of Armenia |
| Austria | Austrian Financial Market Authority |
| Azerbaijan | Financial Market Supervision Authority |
| Canada | Office of the Superintendent of Financial Institutions |
| Chile | Financial Markets Commission |
| China | China Banking and Insurance Regulatory Commission |
| Colombia | Unit of Financial Regulation |
| Croatia | Croatian National Bank |
| Czech Republic | Czech National Bank |
| Denmark | Danish Financial Supervisory Authority |
| France | French Prudential Supervision and Resolution Authority (ACPR) |
| Georgia | National Bank of Georgia |
| Germany | Federal Financial Supervisory Authority (BaFin) |
| Ghana | Bank of Ghana |
| Hungary | Central Bank of Hungary |
| Japan | Bank of Japan Financial Services Agency |
| Kazakhstan | National Bank of Kazakhstan |
| Lebanon | Lebanese Banking Control Commission |
| Malaysia | Central Bank of Malaysia |
| Mauritius | Bank of Mauritius |
| Mexico | Comisión Nacional Bancaria y de Valores |
| Netherlands | Nederlands Bank |
| New Zealand | Reserve Bank of New Zealand |
| Nigeria | Central Bank of Nigeria |
| Norway | The Financial Supervisory Authority of Norway |
| Peru | Superintendencia de Banca Seguros y AFP |
| Philippines | Central Bank of the Philippines |
| Poland | Polish Financial Supervision Authority |
| Qatar | Qatar Financial Centre Regulatory Authority |
| Russia | Central Bank of the Russian Federation |
| Saudi Arabia | Saudi Central Bank |
| Spain | Bank of Spain |
| Switzerland | Swiss Financial Market Supervisory Authority |
| Thailand | Bank of Thailand |
| Tunisia | Central Bank of Tunisia |
| Ukraine | National Bank of Ukraine |
| United Arab Emirates | Dubai Financial Services Authority Financial Services Regulatory Authority Abu Dhabi Global Market |
| United States of America | Board of Governors of the Federal Reserve System |
| Supervisory groups, international agencies and other bodies | |
| Arab Committee of Banking Supervisors | |
| Association of African Central Banks | |
| Association of Supervisors of Banks of the Americas | |
| Caribbean Group of Banking Supervisors | |
| Central Bank of West African States | |
| Executives' Meeting of East Asia Pacific Working Group on Banking Supervision (EMEAP) | |
| Financial Stability Institute, Bank for International Settlements | |
| Group of Banking Supervisors from Central and Eastern Europe | |
| Group of International Finance Centre Supervisors | |
| Gulf Cooperation Council Committee of Banking Supervisors | |
| International Monetary Fund | |
| Islamic Financial Services Board | |
| World Bank | |
| Secretariat | |
| Bank for International Settlements | |
The Task Force on Climate-related Financial Risks (TFCR) is charged with undertaking the Committee's work on climate-related financial risks. This work includes stocktakes of existing initiatives, analytical reports and effective supervisory practices to mitigate climate-related financial risks.
Co-chair: Frank Elderson, European Central Bank
Co-chair: Kevin Stiroh, Federal Reserve Bank of New York
The Task Force on Evaluations (TFE) is responsible for examining the impact of Basel III post crisis reforms. It will consider initially the functioning of the reforms in light of the test provided by the Covid-19 pandemic. It will then undertake a more holistic evaluation that considers the impact of the reforms on bank resilience and bank behaviour.
Co-chair: Dominique Laboureix, Banque de France
Co-chair: Jing Yang, Bank of Canada