At these conferences, they decide on a recommended or uniform insurance regulation policy and it acts a little bit like a Congress.

在会议上,他们就统一监管政策或者建议达成决议,它的运作有点像国会

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It was an international convention that gave, what they called, risk-based capital requirements and recommended risk-based capital requirements to bank regulators around the world.

巴塞尔协议是一个国际公约,它制定了,风险资本要求,并且向各国的银行监管者,推荐风险资本要求

耶鲁公开课 - 金融市场课程节选

No country had to follow these risks, but generally, countries have followed them because they want to be part of the international community and you want to use the standards that were recommended.

没有哪个国家必须遵守这些约定,但基本上,所有国家都会遵守,因为他们想成为国际社会的一份子,而且也希望能够使用里面推荐的准则

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