The Basle Accord: rethinking credit risk

Abstract

Discusses the 1988 Basle Accord and the effect it had on banks internationally plus the more recent amendments dealing with various matters and the 1999 proposals that promise change. Posits that the 1999 proposals envisage three pillars with definite aims, these are examined in depth. Concludes that the Basle approach has real merits with credit being pushed to the limit by firms’ involvement in this system.

Citation

Vipond, P. (2000), "The Basle Accord: rethinking credit risk", Balance Sheet, Vol. 8 No. 2, pp. 10-13. https://doi.org/10.1108/09657960010338535