Basel II

(redirected from The New Accord)

Basel II

An agreement on international banking regulations dealing with how banks handle risk. Basel II establishes risk management and risk capital requirements in an attempt to ensure banks remain solvent. Basel II consists of three pillars. The first deals with capital requirements and mandates that banks exposed to more risk (which is itself categorized and quantified) must maintain sufficient capital. The second pillar provides an outline that regulators can use to deal with non-quantifiable forms of risk. The third attempts to promote market discipline.
References in periodicals archive ?
According to Pakistan's consulate in Toronto where the agreement was signed, the new accord has established a five-year commitment between Brock University and the International Centre for Chemical and Biological Sciences (ICCBS) at the University of Karachi.
It was hoping the new accord would address this by reducing the recruitment fees for OFWs bound for Israel.
From its purposeful, muscular stance and integrated twin exhaust pipes, the new Accord looks just as powerful and assertive in the car park as it does on the road.
The new Accord is expected to launch in most word markets by the end of 2019.
With its advanced new powertrain, refined look and enhanced features, the new Accord is Honda's most sophisticated vehicle yet.
The new Accord has a longer wheelbase (+55 mm), a lower overall height(-15 mm), a wider body (+10 mm), and a shortened overall length (-15mm).
All new from the ground up, the new Accord is built on a new platform with a lower, wider stance, a lighter and more rigid unibody structure; a lighter and more sophisticated chassis; two advanced new power units, including Accord's first-ever turbocharged engines, a new 10-speed automatic transmission.
Though the Philippines and Thailand had already signed a tourism cooperation agreement in March 1993, Aragon said the new accord would be more on 'expanding our areas of cooperation' and 'helping each other in the tourism industry.'
The new accord ditches the dual wishbone front suspension and takes on the conventional McPherson strut which makes it 24-kgs lighter.
Nearly 250 people have been sent back from the Greek islands under the new accord.
According to the new accord, Pakistan will not allow transportation of arms and ammunition, as demanded by the parliament in its foreign policy recommendations approved in April.