Basel II definition

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 II has the meaning specified in Section 3.04(a).

Examples of Basel II in a sentence

  • The Basel Committee on Banking Supervision published a framework for International Convergence of Capital Measurement and Capital Standards (commonly referred to as Basel II), which replaced the original 1988 Basel I Accord.

  • Basel II also introduced capital requirements for operational risk (OR) for the first time.

  • The banking agencies implemented the advanced approaches of the Basel II Accord in 2007.

  • Report the average Basel II Probability of Default (PD) for accounts within the segment.

  • Basel III is designed to raise the resilience of the banking sector by strengthening the regulatory capital framework, building on the three pillars of the Basel II framework.


More Definitions of Basel II

Basel II means the revised Basel Accord prepared by the Basel Committee on Banking Supervision as set out in the publication entitled “International Convergence of Capital Measurements and Capital Standards: a Revised Framework,” as updated from time to time, and any rules, regulations, guidance, requests, interpretations or directives from any Official Body relating thereto (whether or not having the force of law).
Basel II has the meaning given to it in clause 16.3 (Exceptions).
Basel II has the meaning set forth in the definition of Specified Regulation.
Basel II means that certain revised at-risk capital framework published by the Basel Committee on Banking Supervision in its paper entitled “International Convergence of Capital Measurement and Capital Standards: a Comprehensive Framework” in June, 2006, as amended, modified and in effect from time to time.
Basel II is defined in the definition ofExisting Law”.
Basel II means the agreements on capital requirements, a leverage ratio and liquidity standards contained in, or methods of calculating capital adequacy pursuant to, “Basel II: International Convergence of Capital Measurement and Capital Standards: a Revised Framework – Comprehensive Version” published by the Basel Committee on Banking Supervision in June 2006, as amended, supplemented or restated (other than by Basel III), or any implementation, adoption (whether voluntary or compulsory) thereof, whether by an EC Directive or the FSA Integrated Prudential Sourcebook or any other law or regulation.
Basel II has the meaning given to such term in Clause 18.3(f) (Exceptions).