Basle Committee issues varies of soft law accords to promote multilateral cooperation among national authorities, and plays great part in generating international standards of banking supervision.

巴塞尔委员会通过发布一系列软法性质的巴塞尔协议推动各国金融监管机构的合作，在促进各国监管规则的协调方面发挥了巨大作用。

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On 12 December, he described the declaration to be "soft international law, " essentially a political document with no legally binding effect.

CENTERFORSECURITYPOLICY: Center For Security Policy