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.
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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.
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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.
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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;
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Related to Basel I

  • Basel II means the “International Convergence of Capital Measurement and Capital Standards, a Revised Framework” published by the Basel Committee on Banking Supervision in June 2004 in the form existing on the date of this Agreement.

  • Basel III means, collectively, those certain agreements on capital requirements, a leverage ratio and liquidity standards contained in “Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems,” “Basel III: International Framework for Liquidity Risk Measurement, Standards and Monitoring,” and “Guidance for National Authorities Operating the Countercyclical Capital Buffer,” each as published by the Basel Committee on Banking Supervision in December 2010 (as revised from time to time), and as implemented by a Lender’s primary banking regulatory authority.

  • Basel III Regulation means, with respect to any Affected Person, any rule, regulation or guideline applicable to such Affected Person and arising directly or indirectly from (a) any of the following documents prepared by the Basel Committee on Banking Supervision of the Bank of International Settlements: (i) Basel III: International Framework for Liquidity Risk Measurement, Standards and Monitoring (December 2010), (ii) Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems (June 2011), (iii) Basel III: The Liquidity Coverage Ratio and Liquidity Risk Monitoring Tools (January 2013), or (iv) any document supplementing, clarifying or otherwise relating to any of the foregoing, or (b) any accord, treaty, statute, law, rule, regulation, guideline or pronouncement (whether or not having the force of law) of any governmental authority implementing, furthering or complementing any of the principles set forth in the foregoing documents of strengthening capital and liquidity, in each case as from time to time amended, restated, supplemented or otherwise modified. Without limiting the generality of the foregoing, “Basel III Regulation” shall include Part 6 of the European Union regulation 575/2013 on prudential requirements for credit institutions and investment firms (the “CRR”) and any law, regulation, standard, guideline, directive or other publication supplementing or otherwise modifying the CRR.

  • Basel Committee means the Basel Committee on Banking Supervision.

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)