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Basel Committee on Banking Supervision

Basel Committee on Banking Supervision Core Principles for Effective Banking Supervision September 2012 This publication is available on the BIS website ( ). Bank for International Settlements 2012. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited. ISBN 92-9131-146-4 (print) ISBN 92-9197-146-4 (online) Core Principles for Effective Banking Supervision i Contents I. Foreword to the review .. 4 General approach .. 4 Approach toward emerging trends and developments .. 5 Structure and assessment of Core Principles .. 7 Consistency and implementation .. 9 II. The Core Principles.

Supervisory powers, responsibilities and functions ..... 21 Principle 1: Responsibilities, objectives and powers .....

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