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In 1988 the committee on banking supervision (BCBS), introduced the bank capital measurement system popularly referred to as the Basel Capital Accord. Discuss in brief

In 1988 the committee on banking supervision (BCBS), introduced the bank capital measurement system popularly referred to as the Basel Capital Accord. Discuss in brief the three Basel Accords issued by the committee, highlighting their important features. You answer should be in approximately 1000 words.

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