What is the full form of BCBS
Question:
What is the full form of BCBS?
A) Basel Committee on Banking Services.
B) Basel Committee on Banking Supervision.
C) Banking Committee for Bank’s Supervision.
D) None of the above.
Answer:
The full form of BCBS is Basel Committee on Banking Supervision.
This committee, established by the central bank governors of the Group of Ten countries, provides a forum for regular cooperation on banking supervisory matters. It aims to enhance financial stability by setting global standards for the regulation and supervision of banks.
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