Global financial system Current Affairs, GK & News
After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank failure. Beside this, the central banks of each country identify Domestic Systemically Important Banks (D-SIBs). While the Basel Committee on Banking Supervision (BCBS) started to identify big ..
Topics: Basel Committee on Banking Supervision • Central banks • Economic globalization • Economy • Finance • Financial regulation • Financial Stability Board • Global financial system • International finance institutions • Money • Systemic risk • Systemically important financial institution