Basel Accords

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Basel Accords

n
(Government, Politics & Diplomacy) the three sets of rules, Basel I, Basel II, and Basel III, for regulating the banking industry, drawn up by the Basel Committee on Banking Supervision
References in periodicals archive ?
THIRD Basel Accord was agreed by members of Basel Committee on Banking Supervision back in 2010 itself, scheduling to introduce by 2015, which was later taken forward up to 2019.
Some portion of the funds it raised could be used for future acquisition deals, but it is, foremost, to "reduce" its core capital, or known as tier 1 capital under the Basel Accord.
For example, Kashyap and Stein (2004) argue that Basel Accord II exacerbates business cycle fluctuations by requiring banks to hold more capital during downturns.
Basel 3 or the Third Basel Accord was agreed upon by the Basel Committee on Banking Supervision which the Philippines is a member of.
"Buffers in the banking system should continue to be increased by aligning sovereign risk weights with the Basel Accord and encouraging banks to engage in forward-looking capital planning in line with their risk profiles.
(26) The First Basel Accord (Basel I) set the minimum ratio of capital to risk-weighted assets (RWA) at 8%.
In the following, the Basel Accord with these new approaches is referred to as Basel III*.
Pakistan banking regulator, State Bank of Pakistan has started implementing Basel Accord I recommendation from Dec 1997, Basel II in 2008 and Basel III from 2014.
First, there will be an increase in issuance of sukuk that are structured to com- ply with the requirements for capital adequacy and market liquidity prom- ulgated by the Third Basel Accord (Basel III).
Korea's risk-based capital standards are consistent with those established by the Basel Capital Accord ("Basel Accord").
These bonds, convertible into shares with eight percent interest, aims at achieving the requirements of the Third Basel Accord (BASEL III), Murad said, adding that the bank's shareholders' equity will increase from BHD 340 million to BHD 440 million.
Several European countries and Japan supported Schroeder's criticism of the Basel Accord draft, and so, in the accord's final draft, SMEs' risk-rating was reduced to 80 percent, and prevented a rise in their borrowing cost.