Footnote:
In: Bank of England Quarterly Bulletin, Spring 2001
Description:
The 1988 Basel Accord was a major milestone in the history of bank regulation, setting capital standards for most significant banks worldwide - it has now been adopted by more than 100 countries. After two years of deliberation, the Basel Committee on Banking Supervision has set out far-reaching proposals for revising the original Accord to align the minimum capital requirements more closely with the actual risks faced by banks