1·The Basel Accord was in 1988 and you can read about this in detail in Fabozzi, et al.
《巴塞尔协议》是在1988年，你可以在 Fabozzi 等人的文章中读到这方面的细节。
2·Basel is a city in Switzerland, where the Bank for International Settlements is.
巴塞尔是瑞士的一个城市，国际清算银行就在那里。
3·But to ensure that the regulators go to bat for them with respect to Basel III, the Banks need to agree to a small but significant list of changes.
但为了确保尊重巴塞尔公约III的决策人出头为它们说项，银行必须要同意按照一份列项少而重大的清单作出改变。
4·Not only is Basel raising the ratios, but just as importantly, it is also raising the quality of capital that underlie them.
巴塞尔不只是提高了一些比率要求，非常重要的是，它还提高了资本金质量的要求。
5·The study by researchers at University Hospital Basel is not the first to note this problem.
巴塞尔大学医院的研究人员不是第一个注意这个问题的。