Barron J., and M. Staten, (2003), “The Value of Comprehensive Credit Reports: Lessons from the U.S. Experience.” In Credit Reporting Systems and the International Economy ed. Margaret Miller. Boston: MIT Press.
It was the first ever attempt at harmonising the banks’ capital standards across the countries, for securing greater international competitive equality and to obviate regulatory capital as a source of competitive inequality. BIS Review 108/2007  1  4. The Accord, in its original form, addressed only the credit risks in the banks’ operations.