Bank Supervisors Agree to Accelerate Implementation of Minimum Standards for International Banking Supervision

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Wednesday, July 1, 2009

Author:

Bruce Zagaris

Volume:

12

Issue:

7

252

Abstract:

On June 13, 1996 at the biennial International Conference of Bank Supervisors in Stockholm (Stockholm Conference), Mr. Tomasso Padoa-Schioppa, chairman of the Basle Committee on Banking Supervision and deputy director general of the Bank of Italy, announced that banking supervisors from 138 countries have agreed to accelerate the implementation of minimum standards for the supervision of international banking...(more)