From Open Risk Manual


BCBS C313 is a document published by the Basel Committee on Banking Supervision on April 1990 in the Cross-Border Issues category.


Information flows between banking supervisory authorities.


The banking supervisory authorities represented on the Basel Committee, recognising the importance of practical collaboration, have developed the attached recommendations as a means of extending and supplementing the principles of the banking supervisors' Concordat of 1983 with some guidance of a more practical nature. They are designed to encourage more regular and structured collaboration between supervisors, with a view to improving the quality and completeness of the supervision of cross-border banking, while not in any way seeking to supplant the discrete responsibilities of host and parent supervisors. As with the Concordat itself, the recommendations are not designed as minimum legal requirements. Rather, they are a statement of best practice which all members have undertaken to work towards implementing, according to the means available to them. The Committee commends the recommendations as being of general validity for all those who are responsible for the supervision of banks which conduct international business and hopes that they will be progressively accepted and implemented by supervisors worldwide. The members of the Offshore Group of Banking Supervisors, as collaborators in the work, subscribe to the recommendations.

Document Profile

  • Publication Date: April 1990
  • Publication Type: Sound Practices
  • Publication Status: Current
  • Publication Category: Cross-Border Issues
  • Number of Pages: 10
  • Keywords: Supervisory Cooperation

See Also


For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.

The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).