Basel Accord
Banking supervision rules, including minimum capital requirements, agreed upon by the G10 major western economies in the wake of the messy bank collapse in the 1970s.
BASEL ACCORD - Agreement concluded among country representatives in 1988 in Switzerland to develop stan...
BASEL AGREEMENT - an accord developed during a 1975 meeting in Basel, Switzerland of central bankers of...
Basel Accord: The Basel Committee on Banking Supervison's regulatory framework of capital standards for banks, established in 1988 to protect bank owners, depositors, creditors, and deposit insurers (e.g., governments) against financial distress.
Basel Accord (1988) An international accord on bank capital requirements.
Basel Accord (1996 Amendment) An amendment to the 1988 Basel Accord that added capital requirements for market risk.
Basel Accord
A set of agreements set by the Basel Committee on Bank Supervision (BCBS), which provides recommendations on banking regulations in regards to capital risk, market risk and operational risk.
This is the definition given by the New Basel Accord on capital adequacy (Basel 2) which has included a Pillar 1 minimum regulatory capital charge for operational risk to provide banks with a sufficient degree of protection and to give an incentive ...
Related: Net financing cost.
Basel Accord
Agreement concluded among country representatives in 1988 in Switzerland to develop standardized risk-based capital requirements for banks across countries.
Carryforwards ...
International Organization of Securities Commissions
Security Commission
Basel Committee on Banking Supervision
Basel Accords - Basel I, Basel II
International Association of Insurance Supervisors
International Accounting Standards Board ...
In 1988, the Committee decided to introduce a capital measurement system commonly referred to as the Basel Accord. This framework is now being replaced by a new and significantly more complex capital adequacy framework commonly known as Basel II.
Prior to the crash, it was thought that Basel II, the second of the Basel accords, as set out by the Basel Committee on Banking Supervision, and embodied in the EU Directive, would provide a global standard for banking regulation.
 See also: Banks, Capital requirements, Central banks, Expense, Values
  
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