Basel Accords definition

Basel Accords has the meaning provided in Section 10.2(a).
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Basel Accords means the international banking supervision standards set by the Basel Committee on Banking Supervision.
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Basel Accords means the guidelines of the Committee on Banking Regulation and Supervisory Practices of the Bank for International Settlements, as in effect from time to time, including the Basel I Accord, the Basel II Accord, and the Basel III Accord.
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Examples of Basel Accords in a sentence

  • One bound copy and one unbound copy of each proposal shall be submitted to the Office of the city Clerk no later than ELECTRONICALLY to the CITY by no later than Tuesday, May 7, 2013 at 3:00 P.M. PST.

  • These rules are based on the Basel Accords and on the Basel Core Principles for Effective Banking Supervision, issued by the Basel Committee on Banking Supervision.

  • See CRS Report RL33278, The Basel Accords: The Implementation of II and the Modification of I, by Walter W.

  • Basel III or Basel 3 released in December, 2010 is the third in the series of Basel Accords.

  • They are generally subject to minimum capital requirements which are based on an international set of capital standards, known as the Basel Accords.

  • Dalziel (2008) “Learning design in healthcare education”, Medical Teacher, 30(2), pp.

  • The purpose of the Basel Accords is to develop the structure of financial institutions thus ensuring the robustness and stability of the international banking system.

  • Other significant trading partners include the Russian Federation, the United States, China, Japan, Taiwan, South Korea, Israel, and the neighboring Arab countries.Cyprus's principal exports are manufactured goods and (processed or raw) agricultural products.

  • During the Reporting Period, taking the opportunity arising from the implementation of the Basel Accords, the Bank continued to promote the bank-wide application of three major management tools, namely self-assessment on risks and control, key risk indicators and loss data collection, to normalize the management of operational risk.

  • The capital adequacy requirements in the Basel Accords are phrased in mandatory rather than optional terms, even though the various Basel Accords are soft-law instruments.


More Definitions of Basel Accords

Basel Accords means the recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision from time to time in terms of which Basel III is the third of the Basel Accords;
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Related to Basel Accords

  • 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 Committee means the Basel Committee on Banking Supervision.

  • Basle Accord means the proposals for risk-based capital framework described by the Basle Committee on Banking Regulations and Supervisory Practices in its paper entitled "International Convergence of Capital Measurement and Capital Standards" dated July 1988, as amended, modified and supplemented and in effect from time to time or any replacement thereof.

  • 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 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.

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • 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.

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Ancillary crime or "ancillary charge" means any delinquent act committed by a juvenile as a part

  • AML/CFT means anti-money laundering and countering the financing of terrorism;

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Fraud Monitoring System means an off-line administration system that monitors suspected occurrences of ABT- related fraud.

  • disaster management means a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for—

  • risk management plan ’ means a risk management plan submitted to the Ad- ministrator by an owner or operator of a stationary source under subparagraph (B)(iii).

  • Credit Risk Management Fee The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • Credit Risk Manager Fee The fee payable to the Credit Risk Manager on each Distribution Date for its services as Credit Risk Manager, in an amount equal to one-twelfth of the Credit Risk Manager Fee Rate multiplied by the Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date. Credit Risk Manager Fee Rate: 0.0165% per annum.

  • Medical evaluation means the process of assessing an individual's health status that includes a medical history and a physical examination of an individual conducted by a licensed medical practitioner operating within the scope of his license.

  • Xxxxx Fargo means Xxxxx Fargo Bank, National Association, a national banking association.

  • Flood Insurance means the insurance coverage provided under the National Flood Insurance Program.

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

  • Banking Services Provider means any Lender or Affiliate of a Lender that provides Banking Services to any Credit Party.

  • Federal Flood Insurance means federally backed Flood Insurance available under the National Flood Insurance Program to owners of real property improvements located in Special Flood Hazard Areas in a community participating in the National Flood Insurance Program.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Licensed financial institution means a financial institution issued a license under this act.