BCBS WP27

From Open Risk Manual

Definition

BCBS WP27 is a document published by the Basel Committee on Banking Supervision on November 2014 in the Cross-Border Issues category.

Title

Impact and implementation challenges of the Basel framework for emerging market, developing and small economies.

Abstract

This Working Paper assesses the potential impact and implementation challenges of specific standards issued by the Basel Committee in the context of emerging market, developing and small economies. Additionally, it outlines practical steps that can be taken by authorities in these jurisdictions to implement global standards and enhance their supervisory approaches.

The report captures the main findings and recommendations by the Basel Consultative Group (BCG), the main outreach group established by the Basel Committee to enhance the understanding of key supervisory and regulatory issues worldwide. It responds to a request from the G20 and the Financial Stability Board (FSB) for the Committee to monitor and report on such issues, without prejudice to the G20 commitment for globally-agreed regulatory reforms to be implemented.

Document Profile

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