| 1974 |
| The Basel
Committee, established by the central-bank Governors of the Group of Ten
countries at the end of 1974, meets regularly four times a year. It has
about thirty technical working groups and task forces which also meet
regularly. |
| 1988 |
|
The 1988 Capital
Accord |
| 1997 |
| Development of the
"Core Principles for Effective Banking Supervision" Publication 75 for
Credit Risk management |
| 1999 (June) |
| The Committee
issued a proposal for a New Capital Adequacy Framework to replace the 1988
Accord. |
| 1999 (October) |
| The Committee
developed the "Core Principles Methodology". |
| 2001 (January) |
|
Issue of a
proposal for a New Basel Capital Accord
|
|
Pillar 1: Minimum capital requirements,
which seek to refine the measurement framework set out in the 1988 Accord
|
|
Pillar 2: Supervisory review of an
institution's capital adequacy and internal assessment process |
|
Pillar 3: Market discipline through
effective disclosure to encourage safe and sound banking practices |