ABBL
Association des Banques et Banquiers, Luxembourg
The Luxembourg Bankers' Association
Luxemburger Bankenvereinigung
Accord developed by the Basel Committee on Banking Supervision aiming to
- define the amount of capital that needs to be set aside by credit institutions in order to protect against credit risks, market risks and operational risks,
- create a supervisory review process which allows the evaluation of a credit institution’s overall risk profile,
- improve market discipline through risk disclosure requirements.
