Basle Committee issues varies of soft law accords to promote multilateral cooperation among national authorities, and plays great part in generating international standards of banking supervision.

巴塞尔委员会通过发布一系列软法性质的巴塞尔协议推动各国金融监管机构的合作，在促进各国监管规则的协调方面发挥了巨大作用。

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Still, the Basle Committee is wise to hold out the promise that proper modelling is the ultimate goal.

ECONOMIST: Well-cushioned in Basle?

Which is why the second proposal from the Basle Committee is welcome.

ECONOMIST: Well-cushioned in Basle?

This week, the European Commission produced proposals that would align bank regulation in the European Union with changes in the Basle committee's rules.

ECONOMIST: It is time for a more radical approach to banking regulation