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  • Thirty years after the Base...
    Thirty years after the Basel accord and ten after the financial crisis: The Basel committee on banking supervision and its place in international economic law
    Ortino, Matteo

    Journal of international economic law, 06/2019, Volume: 22, Issue: 2
    Journal Article

    The topic of this Special Issue of the Journal of International Economic Law is the Basel Committee on Banking Supervision (BCBS or Committee) and its place in international economic law and governance. Created in 1974, the Committee's single most important output is the Basel Accord, setting out capital requirements for banks. The first version of the Accord was concluded in 1988 ('Basel I'), now thirty years ago, and revised in 2004 ('Basel II'). A decade ago, the global financial crisis prompted further and deeper reforms to the Accord itself ('Basel III'), as well as relevant institutional changes both inside and outside the Committee.

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