iii. accord priority and urgency in addressing implementation problems

III. REVIEW OF INFORMATION PROVIDED BY STATES PARTIES TO THE BASEL CONVENTION

But many emerging markets are already leading by example on important issues like the need to shift global financial flows from debt toward equity. Mexico, for example, recently adopted ahead of schedule the changes in capital requirements for banks recommended by the Third Basel Accord (Basel III), in order to reduce leverage and increase stability.

III. REVIEW OF INFORMATION PROVIDED BY STATES PARTIES TO THE BASEL CONVENTION 33 36 8

After the crisis, world leaders and central bankers overhauled banking regulations, first and foremost by rectifying the Basel prudential rules. Unfortunately, the new Basel III Accord and the ensuing EU Capital Requirements Directive have failed to correct the two main shortcomings of international prudential rules namely, their reliance on banks risk management models for the calculation of capital requirements, and the lack of supervisory accountability.

Basel

BASEL

Basel Convention

Basel Convention.

In Basel?

Better than Basel

References Basel Convention

Background The Basel Convention

Basel Convention 71 985

Basel Convention (Caribbean) Regional Centre

Basel Committee on Banking Supervision

Requested a Basel Convention centre

For example, the Basel Convention's Technical Cooperation Trust Fund is managed by an existing entity, the Basel Secretariat.

Basel Convention Coordinating Centre (BCCC), Uruguay

Nouméa Accord

Members of the Basel Convention Open ended Working Group and the Secretariat of the Basel Convention could provide relevant expertise.

The Basel Convention Secretariat manages the Fund.

The Basel Convention secretariat manages the Fund.

1. Draft Protocol to the Basel Convention

Nerlove, M., S. Vosti, W. Basel (1996).

Implementation of the Basel Convention 377 696

I was with the Waldstein's in Basel.

Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal, concluded at Basel on 22 March 1989

Annex. Nouméa Accord

Basel Protocol on Liability and Compensation for Damage Resulting from Transboundary Movements of Hazardous Wastes and their Disposal. Basel, 10 December 1999

Basel Committee's work on combating financing of terrorism

Yes, at customs in Basel two weeks ago.

Much has already been done to advance regulatory reform, notably the recent agreement to strengthen bank capital (Basel III). Yet we are far from having the supervision needed for proper implementation of the rules.

QE and OMT are simply new incarnations of this old transgression. Such central bank policies, together with Basel III, mean that financial repression will likely define the economic landscape for at least another decade.

Bank for International Settlements, Basel Committee on Banking Supervision

Basel Convention regional centres for training and technical transfer

New York, Basel, Marcel Dekker Inc., pp 87 107.

Ms. Asa GRANADOS, Programme Officer, Basel Convention Secretariat, Geneva

6. Implementation of the Accord

But political and social stability have proved to be even more elusive. Policymakers must direct just as much effort and resources toward realizing social sustainability as they do toward getting the Basel III financial reforms right.

The problem is that the Basel capital rules whether Basel I, II, or III are of no help in separating the weak banks from the sound ones. Indeed, more often than not, the banks that failed or had to be rescued in the wake of the 2008 financial crisis had solvency ratios higher than those of banks that remained standing without assistance.

Item 5 (a) Basel Convention Partnership Programme (decision VII 3)

61. International Doctors for the Environment, Swiss Section, Basel, Switzerland

1. Draft protocol to the Basel Convention . 168 170 48

(f) All States should become parties to the Basel Convention