The Basel Committee’s mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. The Task Force held four meetings between July 2001 and January 2002. Working groups consist of experts from BCBS members that support the technical work of BCBS groups. Its 45 members comprise central banks and bank supervisors from 28 jurisdictions. After consulting the Committee, the BCBS Chair may invite other organisations to become BCBS observers. BCBS groups form part of the permanent internal structure of the BCBS and thus operate without a specific deliverable or end date. Committee decisions of public interest shall be communicated through the BCBS website. Under its general review mandate, the Committee considered the activities of its work programme aimed at improving implementation and compliance with national reporting, the development of legal frameworks, the control system and preventing and combating illegal traffic. The Basel Committee on Banking Supervision (BCBS)" cooperates with other international financial standard setters and public sector bodies with the purpose of achieving an enhanced coordination of policy development and implementation. Sound practices generally describe actual observed practices, with the goal of promoting common understanding and improving supervisory or banking practices. Basel Committee Charter The mandate of the BCBS is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. provide support and assistance to the Committee, the Chair, groups, working groups, virtual networks, and task forces; ensure timely and effective information flow to all BCBS members; facilitate coordination across groups, working groups, virtual networks, and task forces; facilitate a close contact between BCBS members and non-member authorities; support the cooperation between the BCBS and other institutions; maintain the BCBS records, administer the BCBS website and deal with correspondence of the BCBS; and. Secretariat staff may participate in meetings of such groups to exchange ideas and seek feedback on BCBS work. The biennial ICBS provides a venue for supervisors around the world to discuss issues of common interest. It is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. The BCBS supports FSI activities, including in particular the BCBS-FSI High Level Meetings. Task forces are temporary in nature and thus do not form part of the permanent structure of the BCBS. The Secretariat will make publicly available the list of BCBS groups and working groups. 3. Deputy Secretaries General report to and assist the Secretary General in discharging his/her duties. All BCBS members and observers are entitled to appoint one representative to attend Committee meetings. Until a new Chair has been appointed, the Secretary General assumes the Chair's functions. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. The Chair presides over Committee meetings. BCBS members are encouraged to compare these practices with those applied by themselves and their supervised institutions to identify potential areas for improvement. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. BIS statistics on the international financial system shed light on issues related to global financial stability. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the purpose of enhancing financial stability. It shall consist of 15 Members nominated by the Parties, serving in accordance with paragraph 5, and based on equitable geographical representation of the five regional groups of the United Nations, elected by the Conference of … appoint the BCBS Chair from among its members. 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