Basel is commonly considered to be the cultural capital of Switzerland. Basel has been the seat of a Prince-Bishopric since the 11th century, and joined the Swiss Confederacy in The city has been a commercial hub and an important cultural centre since the Renaissance , and has emerged as a centre for the chemical and pharmaceutical industries in the 20th century. In , Basel was chosen by Theodor Herzl as the location for the first World Zionist Congress , and altogether the congress has been held there ten times over a time span of 50 years, more than in any other location. The city is also home to the world headquarters of the Bank for International Settlements. In the 2nd century BC, there was a village of the Raurici at the site of Basel-Gasfabrik to the northwest of the Old City, and likely identical with the town of Arialbinnum that was mentioned on the Tabula Peutingeriana. Roman control over the area deteriorated in the 3rd century, and Basel became an outpost of the Provincia Maxima Sequanorum formed by Diocletian.
Home to 40 museums, the city of culture for connoisseurs has the highest concentration of museums in the country. Basel also has a beautiful Old Town, modern architecture, and the Rhine — an inviting spot to rest a while. Basel is Switzerland’s oldest university city. Historic landmarks of the city include the large market square with its richly decorated red sandstone town hall and the late Romanesque-Gothic cathedral. Almost 40 museums make Basel the city with the highest density of museums in the country.
Check out the next trains departing from Überlingen to Basel for Tuesday 18th Aug For the full train timetable/schedule, or to search for a later time or date.
Within minutes you are in a Rhineland town where other than English German is the dominant language. The city combines winding medieval streets with cutting edge architecture. You can be sipping fine wines with rich bankers on the terrace of the Trois Rois one night and going on an ex-pat pub crawl the next. Flights to Basel with British Airways are the most comfortable way to begin exploring this incredibly varied region. Our cabin crew will be happy to help you with anything you need, so you can simply relax.
Choose to fly with hand baggage only or pick a price that includes a 23kg checked baggage allowance and free seat selection 48 hours before you fly. No airport offers easier access to the city centre than Basel-Mulhouse-Freiburg. Pick up a bus or taxi to take you into central Basel in about five to 15 minutes. Check in to your hotel, then give your legs a workout on the steep lanes of the handsome old town.
Level Five is one of the classier airport restaurants and there are nine other cafes and drinks outlets dotted around.
It has been an important intellectual center since the 15th century. Switch to new thesaurus. Mentioned in? References in periodicals archive? Basel 3-Tier 2 securities issued in the Philippines to date incorporate partial, albeit permanent, write-down clauses.
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The BIS hosts nine international organisations engaged in standard setting and the pursuit of financial stability through the Basel Process. The Basel Committee’s oversight body, the Group of Central Bank Governors and Heads of Supervision GHOS , has endorsed a set of measures to provide additional operational capacity for banks and supervisors to respond to the immediate financial stability priorities resulting from the impact of the coronavirus disease Covid on the global banking system.
This includes providing critical services to the real economy and ensuring that the banking system remains financially and operationally resilient. The Committee will continue to closely monitor the impact of Covid on banks and supervisors and respond as necessary in coordination with the Financial Stability Board and other standard-setting bodies on cross-cutting issues.
The revised timeline is therefore not expected to dilute the capital strength of the global banking system, but will provide banks and supervisors additional capacity to respond immediately and effectively to the impact of Covid GHOS members unanimously reaffirmed their expectation of full, timely and consistent implementation of all Basel III standards based on this revised timeline.
The British Embassy regularly holds events across Switzerland as well as online (Facebook) for UK nationals. To keep up to date.
Pick your preferred language. We speak English and 43 other languages. Check for travel restrictions. Travel might only be permitted for certain purposes, and touristic travel in particular may not be allowed. Read more. Due to the coronavirus COVID , this property is taking steps to protect the safety of guests and staff.
Certain services and amenities may be reduced or unavailable as a result. Enjoying a quiet location in the heart of Basel, the Radisson Blu Basel Hotel is just a 5-minute walk from the central train station and features a great indoor pool. Nonalcoholic drinks from the mini-bar are free of charge. It takes you only 10 minutes by tram to reach the fairgrounds and the congress center.
Living in Switzerland
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Current Local Time & Date, Time Zone and Time Difference Basel, Switzerland Basel, Switzerland Basel-Stadt, Basel-City. What time is.
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Due to the installation of the exhibition “Isa Genzken. Works from to ” the Kunstmuseum Basel Gegenwart remains closed until September 4. Welcome to the Kunstmuseum Basel!
as of that date, all transboundary movements of hazardous wastes under Article 1(1)(a) of the Convention which are destined for operations according to Annex.
The text of the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal was adopted on 22 March and entered into force on the ninetieth day after the date of deposit of the twentieth instrument of ratification, acceptance, formal confirmation, approval or accession, on 5 May The text has been subject to various amendments since its adoption. The text on this website is published for information purposes only. It does not substitute the original authentic texts of the Basel Convention and amendments thereto as deposited with the Secretary-General of the United Nations acting as the Depository of the Convention.
The Ban Amendment entered into force on 5 December — information on Parties that consented to be bound is available here. These amendments become effective on 1 January Basel Convention. Rotterdam Convention. Stockholm Convention. Amendments Overview Background Proposed amendments. Admission of Observers. Becoming a Party.
Implementation timeline for capital adequacy requirements, etc. in Japan
Each year students of English choose the board of representatives of the Student association Fachgruppe English. Our official duties consist of university politics, but we also organize get-togethers, parties and other activities around the English Seminar. When there are decisions to be made at the English Seminar, students have a right to participate. The FG Board is kept up to date on all goings-on at the seminar, mainly through the Departmental Assembly meeting of all Modern Philologies and the regular staff meetings at the English Seminar.
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The Association organises numerous cultural, recreational, and social events in each of its regions for the benefit of its members. We are aware that some members have difficulty travelling long distances to attend a national event at a central location. Hence, we decided that it would be good for us to travel out into the heart of our different regions to enable more members to meet others from outside their region.
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In some cases these higher requirements are already met through banks holding capital well in excess of current minimum requirements, but some banks will need to take important decisions on whether to improve their capital ratios through issuing new capital, retained earnings, or a reduction in risk weighted assets, during a period when return on equity is likely to remain low.
Capital optimisation — irrespective of whether they are capital constrained, banks will need to decide whether to apply to use internal model approaches where these are still available , and whether to adjust their asset portfolios in response to changes in risk weightings. Data and systems – for many banks the most significant impact of the new Basel standards will be on the need to upgrade their data, systems and internal and external reporting, rather than on meeting higher capital requirements.
This shows a reduction in CET1 capital ratios from These reductions in capital ratios also generate capital shortfalls for some banks when compared against Basel 4 capital requirements, including the requirements for the capital conservation buffer and any G-SIB capital surcharge. The EBA observes that these are relatively small shortfall amounts compared with the amounts of capital that banks have raised or retained since , and given the long transitional period before Basel 4 comes fully into effect.
However, it should also be noted that the EBA analysis compares actual capital ratios against only a sub-set of minimum capital requirements — the Basel 4 capital requirements used by the EBA do not include all the capital buffers that banks are required to meet, including in particular any additional systemic risk buffers and Pillar 2 capital requirements. These could add 5 percentage points or more to minimum capital requirements, which would increase substantially the measured capital shortfalls.
To some extent the impact of the risk-based reforms is offset by the latest reforms to the leverage ratio. This makes the leverage ratio a binding constraint for fewer banks notwithstanding the higher leverage ratio for G-SIBs. So the overall binding minimum Tier 1 capital requirements the higher of the risk-based and leverage ratio requirements for each bank increase by 19 percent and by 25 percent for G-SIBs.