Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee (Committee) monitors the timely adoption of Basel III regulations by its members, assesses their consistency with the Basel framework and analyses the quality of regulatory outcomes. The RCAP is fundamental to...

The Basel Committee's Research Task Force Transmission Channel project aimed at generating new research on various aspects of the credit channel linkages in the monetary transmission mechanism. Under the credit channel view, financial intermediaries play a critical role in the allocation of...