Basel Committee releases final draft of banking compliance guide

The Basel Committee on Banking Supervision (BCBS) has released the final version of its compliance guide, which provides guidance on compliance using a principles-based framework.

The main revision from the original draft, published in October 2003, is the refinement of the principles for smaller banks that have simpler and less expansive compliance issues. “We have further refined and clarified our approach. In particular, the operational implications for smaller banks that cannot – and do not need to – put in place the same structure and processes necessary in larger or more complex institutions,” said Arnold Schilder, member of the Basel Committee and executive

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here