Basel I international convention: influence on the bank regulation in the European Union and Russia

In 1988 a new capital adequacy framework - Basel Capital Accord, Basel I (International convergence of capital measurement and capital standards) was adopted by the central banks of 12 countries. For the bank risk-management this agreement became the basis of the construction of the normative base of the regulation of active operations, which considers the risks of various investments during the arrangement by the banks of cash resources. In the article the basic condition of Basel I and its influence on the bank regulation in the European Union and Russia are investigated.