Basel IA

Basel IA is a set of rules or guidelines put in place by a group called the Basel Committee on Banking Supervision. The Basel Committee is made up of representatives from 27 countries, and they work together to create agreements on how banks should manage money and protect the people who put their money in the bank. Basel IA is set of rules and best practices that banks use to make sure that the money in their bank is safe. It requires banks to set aside, or put aside, some of the money in their accounts as a way to protect their customers from any losses. Banks must follow all of the rules of Basel IA, and these rules can change over time as the banking system changes.