The 2024 Revised Basel Core Principles for Effective Banking Supervision
Benefits and Practical Challenges for Emerging Markets and Developing Economies This paper examines the benefits and implementation challenges of the newly revised Basel Core Principles (BCPs) for effective banking supervision. It outlines the rationale for the 2024 reform led by the Basel Committee on Banking Supervision (BCBS), highlights key enhancements, and provides insights to help […]
Smart supervision: sound capacity development approaches for tech-savvy supervisors
FSI Insights No 70 Financial authorities’ role in maintaining the safety and soundness of firms and the financial sector requires unique expertise and skills. In an ever-changing technological landscape, financial authorities need suitably skilled staff. This allows them to benefit from novel supervisory tools and address emerging risks from financial institutions’ use of technology. Building […]