ABSTRACT
Banking supervision consists of the techniques to ensure the proper conduct of banking businesses. The central banks and the supervisory authorities of the Group of Ten countries – represented by the Basle Committee on Banking Supervision – as well as the European Commission, have been working on the international harmonisation of some aspects of banking supervision for two decades. As in many financial systems, investment services offered by banks, banking supervision and securities regulation are closely related. The international harmonisation of investment services supervision has been taken up by the IOSCO (International Organisation of Securities Commissions).
