It was an international convention that gave, what they called, risk-based capital requirements and recommended risk-based capital requirements to bank regulators around the world.

巴塞尔协议是一个国际公约,它制定了,风险资本要求,并且向各国的银行监管者,推荐风险资本要求

耶鲁公开课 - 金融市场课程节选

This system has worked well for twenty years now but it is being superseded by another Basel Convention -Basel II -which has been going on for some years now.

至今这个体系已经良好运作了20年,但是它即将被另一个巴塞尔公约所取代,新巴塞尔协议,其实它已经实施了好几年

耶鲁公开课 - 金融市场课程节选