The Basel Committee on Banking Supervision (BCBS) is the primary global standard-setter for the prudential regulation of banks. It has developed and issued specific, internationally recognized principles for corporate governance tailored to banking organizations. These principles are fundamental to ensuring sound governance and risk management within the banking sector, directly addressing the unique challenges and systemic importance of banks. The Committee's work is central to global banking regulation, making it the correct answer that fulfills both the governance and banking regulatory criteria.

B. OECD Organization for Economic Cooperation and Development for Governance: The OECD develops influential, broad-based corporate governance principles, but it is an economic policy forum, not a specific banking regulatory body.

C. Cadbury Rules Committee: The Cadbury Committee was a UK-specific initiative that produced a foundational report on general corporate governance in 1992; it is not an ongoing international banking regulatory body.

1. Basel Committee on Banking Supervision (BCBS). (2015). Corporate governance principles for banks. Bank for International Settlements (BIS). Retrieved from https://www.bis.org/bcbs/publ/d328.pdf.

Page 1, Introduction: "The Basel Committee on Banking Supervision (hereafter the 'Committee') is the primary global standard-setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters." This document explicitly outlines the governance principles for banks.

2. G20/OECD. (2015). G20/OECD Principles of Corporate Governance. OECD Publishing, Paris. https://doi.org/10.1787/9789264236882-en.

Page 9, Introduction: The document states the principles are intended to be a reference point for various stakeholders and are "non-binding," highlighting its role as a benchmark for general corporate governance, not a banking-specific regulatory framework.

3. Mallin, C. A. (2006). Corporate Governance: A Review. In International Corporate Governance: A Case Study Approach (pp. 1-20). Edward Elgar Publishing.

Chapter 1: This academic review discusses the origins of modern corporate governance, attributing the Cadbury Report (1992) as a key milestone in the UK following corporate scandals, distinguishing its role from ongoing international regulatory bodies like the BCBS.