SolvedCFM14150 | Understanding corporate finance: the legal and regulatory framework: regulatory capital: Basel Framework and CRD IV
From HM Revenue & Customs · Corporate Finance Manual
The Basel Accord
The UK’s rules on regulatory capital for banks operate within the framework of an international agreement known as the Basel Accord. The Basel Committee on banking supervision is a committee of the Bank for International Settlements. Current information on Basel frameworks can be found on the website of the Bank for International Settlements:
Capital Requirements Directive IV
The Basel Accord’s principles are implemented in the European Union through the Capital Requirements Directive IV (CRD IV) which includes the Capital Requirements Regulation (575/2013). See the PRA website for more details on CRD IV.