What is Basel II in simple terms?

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Tags

1. #institutions
2. #operations
3. #reserves
4. #series
5. #recommendations
6. #cover
7. #committee
8. #basel
9. #business
10. #financial
11. #issued
12. #supervision
13. #accords
14. #regulations
15. #incurred
16. #risks
17. #requires
18. #standard
19. #banking
20. #enough
21. #international
22. #maintain