This system has worked well for twenty years now but it is being superseded by another Basel Convention -Basel II -which has been going on for some years now.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