Which act imposed uniform capital standards among twelve countries?

Question

Quizplus · Accepted Answer

The Basel Accord of 1988, also known as Basel I, imposed uniform capital standards among twelve countries, including the United States, in order to ensure stability in the international banking system. The other options listed, FIRREA, FDICIA, and IBBEA, were all pieces of legislation passed by the United States Congress to address issues in the domestic banking system.

Which Act Imposed Uniform Capital Standards Among Twelve Countries