[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Resources]] / [[Regulations]] / **Basel Framework** The ↗[Basel Framework](https://www.bis.org/basel_framework) is a set of international banking standards developed by the Basel Committee on Banking Supervision (BCBS, est. 1974), a committee of the Bank for International Settlements (BIS, est. 1930). These standards aim to stabilize the global financial system by monitoring the activities of banks and ensuring they have enough capital to cover their risks.