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About Basel
Basel Committee on Bank Supervision (BCBS), located in Basel, Switzerland, developed a set of international banking standards known as Basel I. With a focus on reducing credit risk, the committee establishes the minimum capital requirements for financial institutions. Basel I, the original set of rules established by the BCBS, is a component of the Basel Accords, which have since expanded to include Basel II and Basel III. The main goal of the agreements is to harmonize global financial processes.
Why is Basel important?
Basel benefits include:
Who should take the Basel Exam?
Basel Certification Course Outline
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50 questions are asked in this exam.
Basel is a composition of international banking rules and regulations that are put forth by the BCBS (Basel Committee on Bank Supervision). It sets out the minimum capital needs of financial institutions with the objectives of minimizing credit risk.