1945

The basle agreement of July 1988 on international convergence of capital measurement and capital standards

In July 1988 the central bank governors of the Group of Ten countries and Luxembourg endorsed a document entitled “International Convergence of Capital Measurement and Capital Standards”, which represents the culmination of efforts during recent years by the Committee on Banking Regulations and Supervisory Practices to secure international convergence of supervisory regulations governing the capital adequacy of international banks. This agreement (hereafter referred to as the Basle Agreement of July 1988) is a further stage in the development of a framework of international supervisory cooperation concerning banking activities. Previous important steps in the process included the Basle concordats of 1975 and 1983, which established principles covering the distribution between parent and host authorities of supervisory responsibilities over branches, subsidiaries and joint ventures in international banking, and the exchange of information between such authorities.

Related Subject(s): International Trade and Finance
/content/books/9789210602921s006-c002
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error
aHR0cHM6Ly93d3cudW4taWxpYnJhcnkub3JnLw==