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Review:

International Banking Standards

overall review score: 4.5
score is between 0 and 5
International banking standards refer to the guidelines and regulations that govern the operations of banks on a global scale.

Key Features

  • Compliance with regulations set by international organizations like Basel Committee on Banking Supervision
  • Risk management practices
  • Capital adequacy requirements

Pros

  • Promotes stability in the banking system
  • Enhances transparency and accountability
  • Helps protect consumers and investors

Cons

  • Can be complex and costly for banks to implement
  • May restrict flexibility in local banking practices

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Last updated: Sun, Feb 2, 2025, 10:23:56 PM UTC