Basel I: Difference between revisions
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Now superceded and updated by Basel II and Basel III. | Now superceded and updated by Basel II and Basel III. | ||
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Revision as of 11:00, 8 October 2013
The Basel Committee on Banking Supervision published in 1988 a set of minimum capital requirements for financial institutions to minimise credit risk.
It was enforced by law in the G10 countries in 1992.
Also known as the 1988 Basel Accord.
Now superceded and updated by Basel II and Basel III.
