Agreement concluded among country representatives in 1988 in Basel, Switzerland to develop standardized risk-based capital requirements for banks across countries. The Accord is also known as 1988 Bas [..]

Framework agreed in 1988 by the Basel Committee on Banking Supervision relating to supervisory regulations governing the capital adequacy of international banks.

The Basel Capital Accord

Definition A document written in 1988 by the Basel Committee on Banking Supervision, which recommends certain standards and regulations for banks. The main recommendation of this document is that in o [..]

the first round of deliberations by central bankers from around the world. In 1988, the Basel Committee on Banking Supervision (BCBS) in Basel, Switzerland, published a set of minimal capital requirements for banks. This is also known as the 1988 Basel Accord, and was enforced by law in the Group of Ten (G-10) countries in 1992, with Japanese banks [..]

Regulatory requirements issued by the Basel Committee on Banking Supervision for the solvency calculation, which were superseded by Basel II, and apply to ING from 2008 onwards.

the Basel Committee on Banking Supervision standards governing internationally active banks.

Agreement concluded among country representatives in 1988 in Basel, Switzerland to develop standardized risk-based capital requirements for banks across countries. The Accord is also known as 1988 Bas [..]