n Without Prejudice - Defining Basel II : banking law / NCA
|Article Title||Defining Basel II : banking law / NCA|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Feb 2008|
|Pages||17 - 19|
In 2004 the Basel Committee on Banking Supervision published a revised Capital Accord for banks ("International Convergence of Capital Measurement and Capital Standards: A Revised Framework" (Basel II)). This is a result of the revision of the 1990 Capital Accord (Basel I) and the primary purpose was to develop a framework that would further strengthen the safety, soundness and stability of the international banking system.
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