In the parlance of finance theory, higher capital standards reduced the value of the put option provided by federal deposit insurance and lowered the exposure of the safety net as a whole. The accord also emphasized the importance of making supervisory standards sensitive to an individual institution's risk.
The international nature of the accord meant that it explicitly recognized the increasing globalization of the activities of many depository institutions, their parent organizations, and financial markets more generally. Lastly, the accord helped align the incentives of supervisors and market participants.