Skip to content

Tag: BANKING

A Chronology Of IMF’s Evolution Since 1944

The International Monetary Fund is established and shall operate in accordance with the provisions of an Agreement as originally adopted and subsequently amended. THE ARTICLE OF AGREEMENT was adopted at […]

Bretton Woods Agreements-31/07/1945

The Bretton Woods Agreements (a) Articles of Agreement of the International Bank for Reconstruction and Development, July 22, 1944 (1) The Governments on whose behalf the present Agreement is signed agree […]

RBI allowed escrow accounts in scheduled commercial banks

Maintenance of Escrow Account with a Scheduled Commercial Bank   RBI/2020-21/68 DPSS.CO.PD.No.660/02.14.008/2020-21 November 17, 2020 All Scheduled Commercial Banks / Authorised Prepaid Payment Instrument Issuers / Payment Aggregators / Payment […]

Basel Committee Charter

Basel Committee Charter Updated 5 June 2018 Table of contents Purpose and role Membership Oversight Organisation BCBS standards, guidelines and sound practices Consultation with non-member authorities Relationship with other international […]

SHIVA LINGAM

Basel Committee on Banking Supervision (BCBS)

BCBS 45 members comprise central banks and bank supervisors from 28 jurisdictions   BIS is an international organisation which fosters cooperation among central banks and other agencies in pursuit of […]

Financial institutions definition by FATF

Financial institutions   Financial institutions means any natural or legal person who conducts as a business one or more of the following activities or operations for or on behalf of a […]