Basel I definition

Basel I means the minimum bank capital requirements developed in 1988 by the Basel Committee on Bank Supervision for enactment by the Group of Ten (G-10) industrialized countries with respect to the large internationally active banks that operate within such countries, as implemented by the applicable United States Bank Regulatory Authority.
View Source
Basel I means the minimum bank capital requirements developed in 1988 by the Basel Committee on Bank Supervision for enactment by the Group of Ten (G-10) industrialized countries with respect to the large internationally active banks that operate within such countries, as implemented by the applicable Bank Regulatory Authority.
View Source
Basel I means the capital accord under the title “International convergence of capital measurement and capital standards” published in July 1988 by the Basel Committee.
View Source

Examples of Basel I in a sentence

  • In prior periods, risk weighted exposures for ANZ National were calculated under Basel I in accordance with the RBNZ document entitled “Capital Adequacy Framework” (BS2) dated March 2007.

  • An essential element of Basel is the introduction of market discipline, not just through pillar three of Basel II, but also in Basel I.

  • Nevertheless, Basel I and II, especially the latter, can in principle serve as guidelines for the formulation of risk administration policies by this type of institution.

  • Both as a codifier of prudential practices and as a stimulator of advances in the methods of risk administration by banks, Basel I fails to meet its objectives.

  • Nonetheless, as has already been noted, Basel I did not have any intention of really promoting an improvement in the methods of risk administration in financial institutions in general.

  • Under Basel I this mechanism only functioned in the case of banks seeking to expand their assets, since the weighting of risks is already fixed.

  • The aims of the past research that has been conducted using the Basel I Agreement are similar to the aims of this paper, which is to examine what impact stricter capital standards have on banking lending, if any.

  • Basel I is notoriously unsatisfactory as a set of guidelines for the prudential regulation of the entire banking sector.

  • Under Basel I, there was no requirement to hold capital against operational risk.

  • As a result market discipline has to be felt in a more effective manner in the case Basel II than under Basel I, irrespective of the fact that it is also considered to be a specific ‘pillar’.


More Definitions of Basel I

Basel I means the report entitled “International Convergence on Capital Measurement and Capital Standards” published by the Basel Committee in July 1988;
View Source