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11 September 2023

BIS: Governors and Heads of Supervision endorse initiatives in response to the banking turmoil and reaffirm priority to implement Basel III

  • The Basel Committee's oversight body takes stock of the lessons learnt from the banking turmoil.
  • Endorses initiatives in response to the turmoil, including prioritising strengthening supervisory effectiveness, pursuing additional analytical work, and assessing the need to explore policy options...
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