Global Banking Regulation: From the Concordat to Basel II
Global banking regulation evolved to safeguard financial stability across borders, harmonize prudential norms, and prevent regulatory arbitrage. The Basel Committee on Banking Supervision (BCBS) has led this evolution through milestones like the 1975 Concordat, the 1988 Basel I Accord, the 1996 Market Risk Amendment, and the 2004 Basel II framework. Basel Committee overview The BCBS…
Read article Why Do Banks Need Regulation? A Deep Dive into Banking Supervision in India
Banks are the backbone of any modern economy, acting as custodians of public savings and providers of credit that fuel growth. However, given their central role, banks are also exposed to risks that, if left unchecked, can destabilize the financial system. This is why regulation and supervision are not just necessary but critical in maintaining…
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Risk Governance for Climate Resilience and Green Finance in Banking
India’s banking sector is integrating climate risk into core risk governance, aligning with Basel principles and emerging RBI frameworks on disclosures and green finance to safeguard stability and accelerate sustainable development. Climate in India India faces high exposure to physical climate risks—extreme heat, floods, cyclones, and erratic monsoons—with systemic implications for credit, liquidity, and operational…
Read article Corporate Governance in Banking: Principles, Practices, and Global Benchmarks
Corporate governance has emerged as a cornerstone of sustainable growth and trust in the banking sector. Sound governance ensures that banks safeguard depositor interests, maintain strong internal controls, and balance profitability with systemic stability. With the growing complexity of financial systems, regulators worldwide have laid increasing emphasis on governance frameworks to protect the integrity of…
Read article Information Security, Cybersecurity, and Technology Risk Management in Modern Banking
The financial services sector today faces a rapidly evolving landscape of risks, largely driven by digitization, proliferation of electronic delivery channels, and rising sophistication of cyber threats. Banks and financial institutions must embed robust information security practices, adopt advanced technology safeguards, and frame resilient business continuity measures to protect customers, stakeholders, and the wider financial…
ISO 27001-Aligned Technology Risk Practices: From Patching to DDoS Defense
Organizations can materially reduce technology risk by enforcing disciplined lifecycle controls across change, access, monitoring, and vendor ecosystems, aligned to ISO/IEC 27001:2022 and NIST guidance. Patch management Change management Audit trails Security reporting and metrics Vendors and critical service providers Network security Remote access DDoS/DoS mitigation Implementing ISO/IEC 27001 Operational Risk Articles related to Model…
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