Comparison among the Basel Accords

After 1980's banks are becoming more international. Due to improved connectivity and increased operations of large MNCs, banking institutions are spreading their business over the political boundaries of nations. This trend also helps financial institutions to get geographical diversification and expansion. As financial institutions started to act with each other and business ventures around the world, it was becoming more important to have some common rules to assess their risk status. Bank for International Settlements is responsible for making such kind of international platforms. This bank is situated in Basel, Switzerland. After the name of the location the common rules taken for all banks termed as Basel. In this text, Basel accords implemented in different times are reviewed