Basel Accords
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LATEST ARTICLES
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The Basel Committee on Banking Supervision adds another piece to the global regulatory puzzle with its principles on management and supervision of climate risk, after global demands for a harmonized framework applicable to the international banking sector.
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The banking sector will never pick its way through the climate change jungle without harmonized regulations. To meet global risks, a global sector needs global standards. It is time for Basel V.
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Basel’s latest effort to improve market resilience is expected to accelerate the development of clearing solutions – but it won’t leave everyone better off.