Complex sentence: Basel I is the round of deliberations by central bankers from around the world, and in 1988, the Basel Committee (BCBS) in Basel, Switzerland, published a set of minimal capital requirements for banks.
Split into simpler sentences: Basel I is the round of deliberations by central bankers from around the world. In 1988, the Basel Committee (BCBS) in Basel, Switzerland, published a set of minimal capital requirements for banks.