The Basel Committee on Banking Supervision (BCBS), which formulates the global standards for bank capital and liquidity, is headquartered at the Bank for International Settlements (BIS) in:
- New York, USA
- London, UK
- Basel, Switzerland
- Frankfurt, Germany
Answer: Basel, Switzerland
The BCBS was founded in 1974 by central bank governors of the G10 countries. Operating from Basel, Switzerland, it serves as the primary global standard-setter for the prudential regulation of banks, aiming to enhance financial stability worldwide by ensuring that banks maintain adequate capital buffers to absorb unexpected shocks.