Observations
Feb 28, 2024In a speech at the Eurofi High Level Seminar last week, Pablo Hernández de Cos, Chair of the Basel Committee on Banking Supervision (BCBS), argued that the bank failures of 2023 made clear the need for adherence to Basel III standards and a commitment to effective supervision.
by Bill Coen
Compendium
May 16, 2022Q: After a 20-year career with the Basel Committee on Banking Supervision, to include serving as Secretary General, you’ll have had a lot of experience with systemic risks across the financial industry. To start, perhaps you can offer some of the perspective that imparted? A: One of the first things that comes to mind is the frequency of financial crises. Quite a bit of research has been conducted – in Basel, by central banks, ... (cont)