Financial Regulatory Bodies

What is the Basel Committee

The Basel Committee on Banking Supervision (BCBS) is a team of banking regulatory bodies that provides the opportunity to discuss banking supervisory matter and cooperation between its member countries. The Basel Committee has members from different continents and regions…

Read more

United States Federal Reserve System

United States banking is regulated by the Federal Reserve System, often referred to as the Fed, as well as by each state‚Äôs individual government. The Federal Reserve System was established in 1913 and follows the Federal Reserve Act. One of the duties of the Fed System…

Read more

British Virgin Islands Financial Services Commission

The financial regulatory body is the authority that monitors and facilitates financial activity in a specific region. The BVI financial regulatory authority is the Financial Services Commission (FSC) and is responsible for issuing bank licenses and monitoring the finance sector, amongst other…

Read more

UK Financial Services Authority

The primary function of a financial regulatory body is to monitor the entire financial sector of the jurisdiction that they govern. The Financial Services Authority (FSA) is the governmental body that regulates the United Kingdom financial services industry. All banks and other financial…

Read more

Malta Financial Services Authority – MFSA

The primary function of a financial regulatory body is to monitor and overview the entire financial industry of that particular jurisdiction in which they regulate. The Malta Financial Services Authority (MFSA) is the regulatory body that governs all financial activity in Malta; including the issuance of bank licenses…

Read more

German Federal Financial Supervisory Authority

The Federal Financial Supervisory Authority, also referred to as BaFin, is the financial regulatory body in Germany. BaFin is an independent institution that is supervised by the German Federal Ministry of Finance, with their headquarters in Bonn and Frankfurt…

Read more

The Central Bank of Ireland

The main function of a financial regulatory body is to overlook the entire financial sector of the jurisdiction they govern, including the issuance of banking licenses as well as monitoring the banking activities. The financial regulatory body of Ireland is the Central Bank of Ireland, which implements the Central Bank…

Read more

What is the Eurosystem

The Eurosystem is the financial authority for all the countries that are part of the Eurozone. The Eurozone is an economic and monetary union (EMU) comprising of 17 member states of the European Union that have adopted the euro as their sole currency. The main objective and function of the Eurosystem is to maintain…

Read more

Superintendency of Banks – Panama

The main purpose of a regulatory body is to overlook all financial operations in the jurisdiction they govern. The financial regulatory body of Panama is the Superintendency of Banks which is responsible for issuance of bank licenses as well as ensuring that all financial institutions are in compliance with the Panama regulations…

Read more

The Central Bank of Cyprus – CBC

The function of a bank regulatory body is to issue bank licenses and standardize the financial industry of their jurisdiction. The regulatory body for issuing bank licenses in Cyprus is the Central Bank of Cyprus (CBC). All individuals or…

Read more