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The Journey from Basel I to Basel III: History and fundamentals explained

In: Transaction Banking and the Impact of Regulatory Change

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  • Ruth Wandhöfer

Abstract

Someone once wisely said, ‘Basel is a journey, rather than a destination’. Whilst the ordinary European would think of the small Swiss city, bankers and regulatory geeks will of course know that ‘Basel’ stands for the accords that are being decided upon by the so-called Basel Committee, a sub-committee of the Bank for International Settlement (BIS), which – no surprise – is headquartered in the little city of Basel, Switzerland.

Suggested Citation

  • Ruth Wandhöfer, 2014. "The Journey from Basel I to Basel III: History and fundamentals explained," Palgrave Macmillan Books, in: Transaction Banking and the Impact of Regulatory Change, chapter 4, pages 87-158, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-35177-7_4
    DOI: 10.1057/9781137351777_4
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