Basle Concordat
From Longman Business DictionaryBasle ConcordatBasle Con‧cor‧dat /ˌbɑːl kɒnˈkɔːdæt-kɑːnˈkɔːr-/ nounBANKING the Basle Concordat an agreement between the GROUP OF TEN leading industrialized countries in 1975, relating to the control by banks of their foreign branches. A new form of the Concordat was produced in 1983