BoM became a member of the Groupe des Superviseurs Bancaires Francophones (GSBF), which aims to reinforce interaction and consultation process between French-speaking supervisors and the Basel Committee. GBSF also focuses on international reforms and on enabling members to elaborate strategies for optimal implementation. GSBF brings together banking supervisors from both the Basel Committee member and non-member jurisdictions; comprises 34 member jurisdictions across Europe, the Middle East, and Africa; and is managed by the General Secretariat of ACPR under the aegis of the BDF, which is the central bank of France. Through this membership, BoM expects to benefit from the experience of other jurisdictions in the areas of operational resilience of banks and financial institutions, sustainable finance and climate transition, and cyber risks.
Related Link: Press Release
Keywords: Europe, Middle East and Africa, France, Mauritius, Banking, GSBF, International Cooperation, Climate Change Risk, ESG, Sustainable Finance, Operational Resilience, ACPR, BDF, BOM
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