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Basel Committee on Banking

The Basel Committee on Banking Supervision provides a forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide. It seeks to do so by exchanging information on national supervisory issues, approaches and techniques, with a view to promoting common understanding. At times, the Committee uses this common understanding to develop guidelines and supervisory standards in areas where they are considered desirable. In this regard, the Committee is best known for its international standards on capital adequacy; the Core Principles for Effective Banking Supervision; and the Concordat on cross-border banking supervision. The BCBS can be accessed on this link:

www.bis.org

BASEL II: Kenyan Status

CBK conducted a survey to assess the status of Kenyan banks vis a vis the requirements of Basel II - Download the full survey report for Basel II Implementation Survey Results