Tag: basel

What Does It Mean? Austerity to Credit Rating

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A question we get asked a lot is around terminology, things like ‘what are austerity measures’ or what really is a ‘credit rating’. Well, we have decided to publish a series of blogs covering commonly used terms, and putting them in plain English. Lets start with A-C, or Austerity to Credit Ratings Austerity – The
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Basel 3 – What It Means For UK Businesses

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Basel III For most people Basel will only ever be a town in Switzerland, however in the financial world the accords signed at Basel are for more reaching. What Is Basel 3? In short terms, there were several accords signed at Basel which have been introduced gradually. The aim was to ensure less banks failed
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