Baselsäädöksiin

Baselsäädöksiin, also known as the Basel Accords, refers to a series of recommendations on banking regulations issued by the Basel Committee on Banking Supervision (BCBS). These accords aim to ensure that banks have sufficient capital to absorb unexpected losses, thereby promoting the stability of the international financial system. The first Basel Accord, Basel I, was published in 1988. It primarily focused on credit risk and established minimum capital requirements based on a bank's risk-weighted assets. Basel II, introduced in 2004, expanded the framework to include operational risk and market risk, while also introducing a more sophisticated approach to calculating risk-weighted assets. The most recent iteration, Basel III, was developed in response to the 2007-2008 global financial crisis. It further strengthened capital requirements, introduced new liquidity standards, and aimed to reduce systemic risk within the banking sector. The implementation of Basel Accords is a complex process that varies across different jurisdictions, as national regulators are responsible for transposing the international standards into their own legal frameworks. The overarching goal of Baselsäädöksiin is to create a more resilient and stable global banking system.