Examples of using Basle in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
Berne Basle.
Basle Herzl.
Mrs. Varnas is in basle tonight.
The basle committee.
See A New Capital Adequacy Framework,consultative paper issued by the Basle Committee on Banking Supervision(Basle, June 1999).
Basle Switzerland.
(c) the setting aside of the award, unless the arbitration agreement otherwise provides." Council of Europe, European Convention on StateImmunity and Additional Protocol, done at Basle, May 16, 1972.
See Basle Committee on Banking Supervision, Core Principles for Effective Banking Supervision(Basle, 1997), p. 37.
In particular, it could be argued that the Core Principles for Effective Banking Supervision should be strengthened when applied to emerging market economies and that capital-adequacy requirements should be higher than the global norms of the Basle Committee on Banking Supervision.
Basle II assigns a lower capital requirement(a subsidy) to banks with sophisticated internal risk assessments, without paying much attention as to whether these assessments work.
Governments might be constrained in their ability to promote micro improvements bymacro policies such as structural adjustment policies, the Basle II Capital Accord, the EU rules for establishing a single financial market and the WTO agreement on subsidies, among others.
The Basle Committee has also formed liaison and consultation groups with a number of countries(joined by IMF, the World Bank and the European Commission in informal capacities) in order to assist in implementation.
Supervisory practices and technical aspects in BIS monitoring are detailed in the Survey 2000, using as a case study the Basle Committee on Banking Supervision, which is responsible for the Basle Capital Accord and the Core Principles for Effective Banking Supervision, two major instruments in the global banking system.
Indeed, the Basle Committee on Banking Supervision has acknowledged that“there are certain types of information that should be held confidential by banking supervisors” and that“the types of information considered sensitive vary from country to country”.9.
Governments may be constrained in their ability to promote micro improvements bymacro policies such as structural adjustment policies, the Basle II Capital Accord, the European Union ' s rules for establishing a single financial market and the World Trade Organization ' s Agreement on Subsidies and Countervailing Measures, among others.
The initiatives of the Basle Committee have included the adoption of principles designed to ensure that no international bank escapes adequate supervision and the prescription of levels of capital commensurate with the risks that banks run.
The course should cover a number of important governance issues in the financial institutions of interest to the Board of Directors, including the standards of modern governance, the importance, components, duties and responsibilities of the Board and its committees, the Board's role in risk management and compliance,and the Bank's governance standards according to Basle regulations.
See“Core principles for effective banking supervision”, Basle Committee on Banking Supervision(available on the Web site of the Bank for International Settlements(www. bis. org/press/index. htm), release of 22 September 1997).
While mainly a G-10 organization, since 1996 the central banks of 13 systemically important developing countries, including seven in Asia, have become shareholders. BIS provides the secretariat for three standingcommittees corresponding to the pillars of the financial system: the Basle Committee on Banking Supervision(financial institutions); the Committee on the Global Financial System(financial markets); and the Committee on Payment and Settlement Systems(financial infrastructure).
For recommendations as to best practice, see Basle Committee on Banking Supervision, Enhancing Bank Transparency: Public Disclosure and Supervisory Information that Promote Safety and Soundness in Banking Systems(Basle, September 1998).
The Basle Accord became the regulatory benchmark of the 1990s for the banking sector and was applied in many countries beyond those that prepared it, even though the banking environment elsewhere may have differed substantially from that in the standard-setting group of countries.
In 2001, IMF and the World Bank divided the international efforts to counter money-laundering into three categories:(a) efforts concerned primarily with financial/supervisory matters(e.g. those of IMF,the World Bank and the Basle Committee on Banking Supervision);(b) efforts concerned with both financial/supervisory and legal/criminal enforcement matters(e.g. United Nations activities); and(c) efforts concerned primarily with legal/criminal enforcement matters(e.g. activities of the Egmont Group of Financial Intelligence Units and the International Criminal Police Organization(Interpol)).
The Basle Committee has been working for a number of years on guidelines for the capital requirements for banks and this has resulted inter alia in the International Convergence of Capital Measurement and Capital Standards(1988) and the Amendment to the Capital Accord to Incorporate Market Risks(1996).
Opposes the introduction of amendments to annex 7 of the Basle Convention on the prohibition of exporting dangerous wastes from OECD countries to non-OECD member countries until the states signatory to the Convention have approved the provisions of the annex.
Takes note of the work of the Basle Committee on Banking Supervision where for the first time some developing countries were invited to participate in the work of drafting banking standards, and calls for enhanced participation of developing countries in standards-setting within banking institutions;
These questions, inter alia, are being considered by the Joint Forum on Conglomerates,comprising the Basle Committee, the International Organization of Securities Commissions and the International Association of Insurance Supervisors, which in February 1998 released a set of consultative papers for discussion(see www. bis. org/press/index. htm, release of 19 February 1998).
As a result, the Basle Committee on Banking Supervision(BCBS) has worked on this issue in close collaboration with supervisory authorities, including several outside the Group of Ten member countries(marking the first time that developing and transition economies had been involved in drafting global banking standards).
The main vehicles for international initiatives infinancial regulation and supervision have been the Basle Committee on Banking Supervision and other bodies with close links to the Bank for International Settlements(BIS), other groups of financial supervisors, associations of exchanges such as the International Organization of Securities Commissions(IOSCO), and organizations concerned with accounting standards.
The Bank for International Settlements in Basle had attempted to set new rules for capital adequacy, but the committee concerned did not have a sufficient number of developing countries and it had failed to consider the negative impact on developing countries that were trying to attract foreign direct investment.
Regarding banking per se,a compendium of supervisory documents has been produced by the Basle Committee on Banking Supervision, particularly the 1997 core principles for effective banking supervision.18 This is only a step, however, as the integrated nature of finance requires a comprehensive supervisory framework that can provide a perspective on the financial sector as a whole, covering, in particular, banks, non-bank financial institutions, securities and insurance firms.