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

Press release | 11 September 2023The 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 over the medium-term.

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