Electronic Banking Group of the Basel Committee for Banking Supervision

Topics:
Commercial Banking
Tags:
Banking,
Electronic Banking,
Electronic Banking Group,
Financial Services
Source:
Bank for International Settlements

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Overview: The Electronic Banking Group's (EBG) work plan reflects the consensus view that bank supervisors should collaborate actively to determine and share sound supervisory guidance and principles regarding e-banking activities. Such efforts would provide the foundation for a harmonized approach to the supervision of e-banking within the global bank supervisory community. This would also, in turn, help to reduce impediments to the development of an efficient market for the electronic delivery of banking services. Given that e-banking is still in its early stages, the EBG does not believe it appropriate to provide prescriptive advice or normative standards that would potentially restrict technological innovation.

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Format: PDF | Size: 112KB | Date: Oct 2000 | Pages: 27

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