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 ?
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.
Re-imagining the new Accord and bringing it to life took an incredible effort by our project team and our associates.
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.
The automaker will move the new Accord to a platform shared with the Civic compact.
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.
The new accord extends the current agreement between the firms, as TRI-K is already Mibelle's representative in the US.
Fishing opportunities granted under the new accord must be based on scientific advice, quotas allocated to EU vessels may be taken only from surplus stocks and EU funds for the development of local fisheries policy must be used more efficiently and be more closely monitored.
The new accord extends the maturity of the revolver to August 2016 and allows for boosting the borrowing capacity up to USD500m.
According to Honda, the new Accord has more style, more comfort and more sophistication than ever before.
The new Accord line-up will make its first appearance at the Geneva Motor Show in March with the cars due on sale in the UK in the summer.