Baselryhmän

Baselryhmän, also known as the Basel Committee on Banking Supervision, is an international committee that was established in 1974. It is composed of central bank governors and regulatory authorities from 27 countries, including the European Union, and is based in Basel, Switzerland. The Baselryhmän's primary objective is to enhance the safety and soundness of the international financial system. It achieves this through the development and promotion of internationally recognized standards, supervisory practices, and policies for banks and other financial institutions. The committee's work is guided by the principles of prudential regulation, which aim to ensure that banks have sufficient capital and liquidity to absorb losses and meet their obligations. The Baselryhmän's most well-known contributions include the Basel I, Basel II, and Basel III capital adequacy frameworks, which have significantly influenced global banking regulations. The committee also focuses on risk management, operational risk, and the supervision of cross-border banking activities. Baselryhmän's decisions and recommendations are not legally binding, but they are widely adopted by central banks and regulatory authorities around the world. The committee meets regularly to discuss and address emerging issues in the financial sector, ensuring that its standards and guidelines remain relevant and effective.