Monday, 1 October 2012

BASEL Accords

Basel is 3rd most populous city in Switzerland sharing the borders with France and Germany.  It is hub for chemical and pharmaceuticals which is located on the banks of river Rhine. Basel culture is influenced by Germany and France.
Basel Accords:
These are banking supervision records. They are issued by Basel Committee on banking supervision (BCSB). As BCSB maintains its secretariat at Bank for International Settlement, Basel, it is called Basel Accord. The committee normally refers here and have issued three accords.