|
|
|
| Definition: |
|
Basel Accords are capital adequacy standards that are formulated by the Basel Committee on Bank Supervision (BCBS), which resides in Basel, Switzerland. National regulators usually implement the standards to regulate the bank capital and to ensure health in the banking system. By now there are three accords published, improving upon the previous one: Basel I, Basel II, Basel III.
|
| Context: |
|
The objectives behind the Accord are to strengthen the soundness and stability of the international banking system and to diminish sources of competitive inequality among international banks.
|
| Source
Publication: |
IMF, 2004, Compilation Guide on Financial Soundness Indicators, IMF, Washington DC, Appendix VII, Glossary
The University of Iowa - Centre of International Finance and Development, 2011.
|
| Statistical
Theme: Financial statistics |
| Created
on Thursday, August 26, 2004 |
| Last
updated on Wednesday, March 27, 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
