Basel is 3rd
most populous city in Switzerland sharing the borders with France and
Germany. It is hub for chemical and
pharmaceuticals which is located on the banks of river Rhine. Basel culture is
influenced by Germany and France.
Basel Accords:
These are
banking supervision records. They are issued by Basel Committee on banking
supervision (BCSB). As BCSB maintains its secretariat at Bank for International
Settlement, Basel, it is called Basel Accord. The committee normally refers
here and have issued three accords.