Overview Basel II is an effort by international banking supervisors to update the original international bank capital accord (Basel I), which has been in effect since 1988. The Basel Committee on Banking Supervision, on which the United States serves as a participating member, developed the current proposals. [more...]
Summary "International Banking" includes at lease three distinct types of activities: foreign currency and capital transactions by US persons and entities including, but not limited to, financial institutions international activities of domestic financial institutions US activities of foreign financial institutions In [more...]