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1
Peihani, Maziar. "Basel Committee on Banking Supervision." Brill Research Perspectives in International Banking and Securities Law 1, no. 1 (July 18, 2016): 1–87. http://dx.doi.org/10.1163/24056936-12340001.
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The Basel Committee on Banking Supervision (bcbs) was established in 1974 as an informal group of central bankers and bank supervisors with the mandate to formulate supervisory standards and guidelines. Although the Committee does not have any formal supranational authority, it is the de facto global banking regulator and its recommendations have been widely implemented by member and non-member states. This project investigates the bcbs’s governance, operation, and policy outcomes to determine the extent to which it is and has been legitimate. The project is comprised of two parts. This part overviews the literature on the bcbs, outlines its contribution, and provides a primer on the Committee’s governance and functions. In addition, it engages with the current theories on legitimacy and discusses what legitimacy means for the global governance of banking and how it can be assessed.
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Peihani, Maziar. "Basel Committee on Banking Supervision." Brill Research Perspectives in International Banking and Securities Law 1, no. 2 (September 30, 2016): 1–66. http://dx.doi.org/10.1163/24056936-12340002.
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Part 1 of this project overviewed the literature on the Basel Committee of Banking Supervision (bcbs) and provided a primer on the Committee’s governance and functions. It also engaged with the current theories on legitimacy and discussed what legitimacy meant for the global governance of banking and how it could be assessed. This part investigates the bcbs’s governance, operation, and policy outcomes to determine the extent to which it is and has been legitimate. The assessment is conducted based on three principles of reasoned decision making, transparency, and accountability. I argue that the bcbs has gradually become a more legitimate institution but there still exists significant room for improvement. I highlight a number of areas for reform and set out policy prescriptions to enhance the bcbs’s legitimacy.
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Krasavina, L. N. "Russia’s Participation in the Globalization of Banking Regulation and Supervision and its Interests in an Economic Growth Strategy." Economics, taxes & law 11, no. 4 (November 6, 2018): 30–35. http://dx.doi.org/10.26794/1999-849x-2018-11-4-30-35.
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The global 2008–2009 crisis revealed vulnerability of banks to crisis shocks and stimulated the introduction of global banking regulation and supervision. The subject of study is investigation of Russia’s participation in the globalization of banking regulation and supervision and increased role of banks in modernization of Russia’s social and economic development. The purpose of work is to answer the question on how to combine the need to introduce global Basel standards with national interests in the context of a new economic growth strategy. As a result of the study based on the positive assessment by the Basel Committee on Banking Supervision (BKBN) of the compliance of Russian regulatory framework and banking legislation with global Basel standards, it is concluded that in coordination with the Basel Committee it is advisable to expand the Bank of Russia practice of compensation measures to ease the Basel III rigid requirements to increase banks’ role in the modernization of social and economic development of the country.
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Judy, Haidar Hamza, and Fazila Boutoura . "Applications of Governance in Banks According to Basel (3) Committee Decisions." Iraqi Administrative Sciences Journal 1, no. 2 (June 30, 2017): 96–119. http://dx.doi.org/10.33013/iqasj.v1n2y2017.pp96-119.
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Increased attention banking governance after the repercussions of the financial and banking crashes of some of the poles of the American and European Banks, and the consequent of a global confidence's crisis in the financial statements of Banks and Companies because of the weakness accounting disclosure and transparency, and many countries rushed to adopt a banking governance. In Algeria, continued in recent years, the works aimed at establishing an integrated framework for banking governance at the level of financial and banking institutions.Basel III is a new gateway to strengtheningbankinggovernance and enabling the central bank to apply the necessaryfoundations for governance in banks, particularlythrough the Pillars of market discipline.
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Mushib Janabi, Jasim Mohammed, and Zainab Husham Qasim Al-Rikabi. "Factors of Failure of the Iraqi Banking System in the Implementation of the Decisions of the Basel Committee." European Journal of Economics and Business Studies 4, no. 1 (April 1, 2018): 161–66. http://dx.doi.org/10.2478/ejes-2018-0017.
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Abstract The role of the banking system is very important and sensitive in any inquisitive system in our modern world, because it is the other side of this economy in exchange for real activities and the great crossroads of the efficiency of the economic system and the legitimacy of its organizations according to the basic objectives of each national economy in any society. Based on this importance above, the importance of applying the banking system to the rules and decisions of the Basel Committee in all its copies, which can ensure that the banking system could avoid the risks that can lead to the entry into crises and serious intransigence. This paper seeks to provide a broad presentation of the possibilities of application of the Iraqi banking system to the decisions of the Basel Committee and seeks to provide a presentation of obstacles and factors that led to the failure of the Iraqi banking system to implement the decisions of the Basel Committee in all copies and both internal and external. This paper also seeks to look at the possibility of adapting the banking system in order to comply with the requirements of the implementation of Basel decisions from an economic and financial point of view represented by the views of economists and financial institutions inside and outside this body.
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Janabi, Jasim Mohammed Mushib, and Zainab Husham Qasim Al-Rikabi. "Factors of Failure of the Iraqi Banking System in the Implementation of the Decisions of the Basel Committee." European Journal of Economics and Business Studies 10, no. 1 (March 2, 2018): 167. http://dx.doi.org/10.26417/ejes.v10i1.p167-172.
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The role of the banking system is very important and sensitive in any inquisitive system in our modern world, because it is the other side of this economy in exchange for real activities and the great crossroads of the efficiency of the economic system and the legitimacy of its organizations according to the basic objectives of each national economy in any society. Based on this importance above, the importance of applying the banking system to the rules and decisions of the Basel Committee in all its copies (1), which can ensure that the banking system could avoid the risks that can lead to the entry into crises and serious intransigence. This paper seeks to provide a broad presentation of the possibilities of application of the Iraqi banking system to the decisions of the Basel Committee and seeks to provide a presentation of obstacles and factors that led to the failure of the Iraqi banking system to implement the decisions of the Basel Committee in all copies and both internal and external. This paper also seeks to look at the possibility of adapting the banking system in order to comply with the requirements of the implementation of Basel decisions from an economic and financial point of view represented by the views of economists and financial institutions inside and outside this body.
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Lajqi, Hysen. "BASEL III LIQUIDITY RISK AND KOSOVO BANKING SYSTEM." Knowledge International Journal 34, no. 5 (October 4, 2019): 1329–35. http://dx.doi.org/10.35120/kij34051329l.
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The financial crisis 2007-2009 prompted the Basel Committee on Banking Supervision (BCBS) to intensify its efforts to strengthen the principles and standards for capital, as well as for the measurement and management of liquidity risk. Risk management is very important in the financial system, especially in banks. Among various risks Banks face is a liquidity risk it’s managing enables Banks to fulfil their obligationsBasel III consists of set of measures internally agreed. The implementation of Basel III will considerably increase the quality of banks' capital and significantly raise the required level of their capital. In addition, it will provide a "macro prudential overlay" to better deal with systemic risk.Like all Basel Committee standards, Basel III standards are minimum requirements which apply to internationally active banks. Members are committed to implementing and applying standards in their jurisdictions within the time frame established by the Committee.To ensure that banks have sufficient liquidity to survive potential liquidity shocks, as happened few years ago, the Basel Committee has issued two new globally revised minimum standards under the Basel III rules for the first time in the banking history: LCR – Liquidity Coverage Ratio and NSFR – Net Stable Funding Ratio that contain new requirements for bank capital, as well as standardized rules in the liquidity area.Banks need to fully comply with LCR and NSFR rules by January 1, 2019, according to the Capital Requirements Directive & Capital Requirements Regulation (CRD IV & CRR) rules.Basel III rules, in the European Union attain their applicable judicial form through REGULATION (EU) No 575/2013. The regulatory package is due to enter into force on January 1st, 2014, but some provisions will be implemented gradually between 2014 and 2019 and will fully come into force on January 1st, 2019. But these rules are likely to undergo some revisions due to a proposal by European Union (EU), so implementation horizon could go being beyond 2019.Performance of the Kosovo banking sector continued to be positive, thus contributing in maintaining the financial and economic stability of the country. Kosovo’s financial system continues to be characterized with sustainable increase in all its constituent sectors. The banking sector in Kosovo as most successful story is developed by many international institutions, characterized by a large presence of foreign capital, where 89. 2% of all assets are managed by foreign banks and development is based on international standards.Banking sector continued to have good liquidity position, with the main liquidity indicators standing above the minimal level as a required by the regulation.The implementation of Basel III rules in Kosovo related to liquidity depends on the local regulator and Basel III standards.
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Kaur, Mandeep, and Samriti Kapoor. "Basel II in India: Compliance and Challenges." Management and Labour Studies 36, no. 4 (November 2011): 299–318. http://dx.doi.org/10.1177/0258042x1103600401.
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The stability of International banking system has emerged as a key concern for regulators in rapidly changing global banking scenario. In order to strengthen the soundness and stability of banks, Basel Committee on Banking Supervision (BCBS) came out with a comprehensive, flexible and risk sensitive framework known as Basel II. This paper attempts to assess in detail the role of Reserve Bank of India, in implementation of Basel II framework in Indian banking Scenario. For this purpose, Annual reports of Reserve Bank of India for the period 2002–03 to 2009–2010 have been analyzed in detail. The study has indicated that RBI has taken significant and structural initiatives to implement the Basel II norms in Indian financial system. It also gives glimpse of New Capital Adequacy framework to strengthen the banking structure. The study further throws light on challenges faced by Indian banking industry for the purpose of envisaged implementation of Basel II Accord.
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SOKOLOV, A. P., and K. O. SEMYONOV. "INTERNATIONAL MANAGEMENT SYSTEM FOR THE ECONOMIC SECURITY OF THE BANKING SECTOR." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 6, no. 12 (2020): 169–72. http://dx.doi.org/10.36871/ek.up.p.r.2020.12.06.022.
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The article discusses the most pressing issue of ensuring the economic security of the banking sector through international management systems. The authors analyze the protection of banks and the banking system from external and internal factors. Russia's transition from Basel-1 to Basel-3 directly had a beneficial effect on the stability of the banking system during the crisis. The reforms proposed by the Basel Committee, in turn, are aimed directly at strengthening microprudential regulation. It is proposed to highlight two factors that will have a positive effect on the Russian banking system with the adoption of Basel-3. The article will be of interest to economists working in the banking sector.
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Dimov, S., and V. Smirnov. "Risk Management in Dual Banking Systems: Islamic Ethical and Conventional Banking." Review of Business and Economics Studies 7, no. 4 (February 10, 2020): 6–12. http://dx.doi.org/10.26794/2308-944x-2019-7-4-6-12.
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The author makes comments on the state of the problem in part of the English-speaking scientific thought. The authors present a comparative analysis of risk management conducted in countries where the dual banking system is practised — Islamic (ethical) banking and conventional (western) banking. The study showed that a risk profile of an Islamic bank is not significantly different from the one of the conventional banks in practices. In the beginning, they point out the central thesis and prospects for the development of conventional and Islamic banking. The central part of the comments begins with the historical aspect of the comparison. According to him, despite the differences, they are based on the priority of financial and human values. Further, the authors carefully discuss the risk profile of Islamic banks and the unique risks facing Islamic banks. It was confronted with conventional risk management of banks based on the Basel Committee on Banking Supervision (BCBS). Today, the regulation applies to credit risk, market risk, operational risk and liquidity risk (Basel II and Basel III). After all, the author reaches two essential conclusions for his research.
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BATIUK, Larysa. "MONETARY POLICY AND FINANCIAL INTERMEDIATION IN BASEL III: GLOBAL TRENDS." Ukrainian Journal of Applied Economics 4, no. 3 (August 30, 2019): 39–47. http://dx.doi.org/10.36887/2415-8453-2019-3-5.
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Introduction. The article deals with the peculiarities of the transmission mechanism of monetary policy in the implementation conditions of the Basel Committee requirements on Banking Supervision "Basel III". The problem of the mechanism violation of the classical monetary multiplier, the imbalance of the monetary circulation system, the frequency increase of debt defaults and the amplitude of macroeconomic fluctuations in the global economic system are marked as a study result of the effects of the credit mitigation policy conducted by the US Federal Reserve amid the global financial crises of the last decade and changes in the nature of financial intermediation based on the synthesis of asset securitization and structured finance instruments. The purpose of this article is to investigate changes in monetary policy and financial intermediation in the implementation context of the Basel Committee on Banking Supervision Basel III as a source of imbalance in the global economy. Research methodology. The system method, method of scientific abstraction, methods of analysis and synthesis, statistical, comparison, generalization, scientific prediction were used. Results. The article deals with the implications of implementing the Basel Committee on Banking Supervision Basel I and Basel II in the area of monetary policy and financial intermediation; peculiarities of monetary multiplier mechanism operation in modern conditions are revealed; the possible consequences of implementing Basel III requirements for the mechanism of monetary supply formation in the world economy are analysed; the change in the role of gold as monetary metal in central bank foreign exchange reserves and the implications of these changes in terms of price dynamics and the distribution of real wealth in the global economy are examined. Conclusions. It is proposed to consider the requirements of the Basel Committee on Banking Supervision "Basel III" as such, which will exacerbate the volatility of global financial markets, increase the likelihood of increasing the frequency of debt defaults and, given the possibility of using gold as a means of redistribution of real wealth in the global economy, will cause an increase in the amplitude of macroeconomic fluctuations. Keywords: monetary policy; financial intermediation; the central bank; US Federal Reserve; Basel III; bank capital structure, monetary base; money multiplier, correspondent accounts; money supply; monetary gold; global economy.
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Singh, Dalvinder. "Basel Committee on Banking Supervision: The compliance function in banks." Journal of Banking Regulation 5, no. 2 (December 2003): 110–12. http://dx.doi.org/10.1057/palgrave.jbr.2340160.
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SOZAEVA, F. Kh. "EVALUATION OF THE EFFECTIVENESS OF BASEL III REFORMS UNDER COVID-19." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 2, no. 5 (2021): 21–26. http://dx.doi.org/10.36871/ek.up.p.r.2021.05.02.004.
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The paper presents an assessment of the effectiveness of the Basel III reforms in the context of COVID-19. The paper analyzes the Post-Crisis Reform Assessment Program (2008–2009) and the two-year work program of the Basel Committee for 2021–2022, which sets out the strategic priorities of its activities in the field of banking policy, supervision and implementation. The conclusion is made about the positive impact of international standards on the security and resilience to the crisis of both individual banking systems and the global banking system.
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Ramskyi, Andriy, Valeria Loiko, Olena Sobolieva-Tereshchenko, Daria Loiko, and Valeriia Zharnikova. "Integration of Ukraine into the European banking system: cleaning, rebooting and Basel III." Banks and Bank Systems 12, no. 4 (December 19, 2017): 163–74. http://dx.doi.org/10.21511/bbs.12(4-1).2017.05.
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The urgency of the issue is related to changes in the Ukrainian banks’ business environment, taking into account the impact of domestic and global financial instability and the implementation of the regulatory framework for banking regulation of the National Bank of Ukraine in accordance with the Basel Committee on Banking Supervision recommendations. The main goal of this research is to analyze the degree of implementation and compliance with the Basel III regulations in Ukrainian banking system. To carry out the research, regulatory and legislative documents of the National Bank of Ukraine, the Basel Accords, statistic data of the Ukrainian banks and the National Bank of Ukraine were used. For this purpose, the analysis of main indicators of Ukrainian banks’ financial stability within the period of 2014–2017 is made. Thus, post-crisis regulatory changes have aimed at restoring bank stability. The results seem to suggest that bank regulatory changes may be repressive, for instance, cleaning and optimization of the banking system as an effective tool for anticrisis management. As a result, it was concluded that banks with foreign capital are the most stable in the banking system of Ukraine in comparison with domestic banks.
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Drach, Alexis. "Supervisors against regulation? The Basel Committee and country risk before the International Debt Crisis (1976–1982)." Financial History Review 27, no. 2 (June 25, 2020): 210–33. http://dx.doi.org/10.1017/s0968565020000050.
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While the International Debt Crisis of the early 1980s was the most severe financial crisis since World War II and while national and international banking supervision was developing at that time, little is known about the response of supervisors to the deteriorating financial environment in the years preceding the crisis. Complementing the political and business history of the international debt situation, this article aims to unravel the international banking supervision side of the question. Based on archival material from the Bank for International Settlements (BIS) and various central banks, the article examines how the Basel Committee on Banking Supervision (BCBS), then emerging as the leading forum on international banking supervision, anticipated the International Debt Crisis through the prism of ‘country risk’. The article shows that the Committee refused to recommend strict regulations in this area. It argues that members adopted this position because of the lack of good information and the difficult position of banking supervision between macroeconomic issues and individual banks’ own responsibilities, but also because of somewhat excessive faith in market mechanisms. Their discussions on country risk shed light on critical challenges of banking supervision and, thereby, on the history of banking regulation and prudential thinking.
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Milano, Enrico, and Niccolò Zugliani. "Capturing Commitment in Informal, Soft Law Instruments: A Case Study on the Basel Committee." Journal of International Economic Law 22, no. 2 (June 1, 2019): 163–76. http://dx.doi.org/10.1093/jiel/jgz009.
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ABSTRACT The present article investigates the legal nature of the Basel Committee on Banking Supervision and seeks to identify the legal effects of the acts produced by the committee under public international law. It reassesses the most influential contemporary theories that have endeavoured to describe and capture the increasing trend towards ‘de-formalization’ of international law, of which the Basel Committee, with its peculiar composition and standard-setting activities, is generally considered as one of the most significant examples. The articles comes to the conclusion that the Basel Committee’s normative outputs cannot be qualified as legal acts or legal facts under international law as they are best described as the results of flexible and informal standard-setting activities developed by domestic regulators at the international level, with a view to inducing compliance by national legislators and stakeholders. The lack of a formal ‘pedigree’ under international law has not undermined their effectiveness; on the contrary, it can be considered a peculiar feature of a successful model of transnational cooperation where soft law standards have been translated into domestic legislation.
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Jhunjhunwala, Shital, and Sharvani Bavirishetty. "Basel Committee Guidelines for Implementing Sound Corporate Governance in Banking Organizations." Indian Journal of Corporate Governance 3, no. 1 (January 2010): 65–72. http://dx.doi.org/10.1177/0974686220100105.
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Solissa, Dian Nuriyah. "KESIAPAN PERBANKAN SYARI’AH DI INDONESIA DALAM PENERAPAN LIQUIDITY COVERAGE RATIO BASEL III." EkBis: Jurnal Ekonomi dan Bisnis 1, no. 2 (November 7, 2018): 165. http://dx.doi.org/10.14421/ekbis.2017.1.2.1025.
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Abstract2008 crisis was hypothetically to be an impact of particular condition in which banking around the countries had the high degree of leverage and decrease the bank capital quality. The other influencing factors are the quality of corporate governance and the quality of risk management. Having seen these challenges, Basel Committee on Banking Supervision (BCBS) published a document of “Basel III: Global Regulatory Framework for More Resilient Banks and Banking Systems” on Desember 2010 as the new initiation.The scopes of Basel III are, (1) Empowering the Global Capital Framework, (2) Recognizing the Global Liquidity. This research works on providing an implementation prospect of global liquidity standard to Indonesian Syariah Banking.The results show that the average of syariah banking LCR has only reached 51,6% that means there must be certain improvement to minimally reach 60% before January 2015 2015. Furthermore, the yearly growth of LCR which stands on 3,22% in average is claimed to be far from the yearly targeted increase whisch is 10%, Thus, this current study suggest syariah banking to put an effort by uplifting the HQLA using the funding strategy to absorb more deposits. Keywords: Basel III, Liquidity Coverage Ratio, Syariah banking
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ElBannan, Mona A. "The Financial Crisis, Basel Accords and Bank Regulations: An Overview." International Journal of Accounting and Financial Reporting 7, no. 2 (December 10, 2017): 225. http://dx.doi.org/10.5296/ijafr.v7i2.12122.
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This theoretical study presents the different phases for the evolution of Basel Accords since 1988, and the continual efforts of Basel Committee on banking supervision to set out an effective framework to improve the banking sector governance and performance. In literature, compliance with Basel requirements concerning minimum capital requirements, powerful supervision and effective market discipline through information transparency and disclosure have attracted many researchers to study its impact on bank performance and cost of capital. In spite of the risk-based capital adequacy, regulatory and supervisory requirements set by Basel Accords, the financial crisis 2007, which causes instability and turmoil in the whole banking sector, was induced mainly by weak risk management measures, such as stress testing and other risk management tools that were unable to forecast the losses and the adverse unexpected outcomes and determine the size of capital needed to overcome severe shocks.
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Samusev, E., and A. Silivonchik. "Determination of attributes of bank's bankruptcy in the light of digitalization of banking supervision." Vestnik of Polotsk State University. Part D. Economic and legal sciences, no. 6 (August 15, 2021): 131–35. http://dx.doi.org/10.52928/2070-1632-2021-57-6-131-135.
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The article is devoted to the current measures of regulation of banking supervision in connection with the implementation of international standards of the Basel Committee on Banking Supervision. The authors come to the conclusion about the importance of the implementation of these standards in the light of the possibility of identifying attributes of bank bankruptcy. The ways of practicing banking supervision are subjects to modernization and legal updating in connection with digitalization and new forms of banking activity.
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Feridun, Mete, and Alper Özün. "Basel IV implementation: a review of the case of the European Union." Journal of Capital Markets Studies 4, no. 1 (July 13, 2020): 7–24. http://dx.doi.org/10.1108/jcms-04-2020-0006.
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PurposeIntroducing radical changes to the methodologies for the determination of capital requirements, the final stage of the Basel III standards, which is referred to as “Basel IV” by the industry, will be a significant challenge for the global banking sector. This article reviews the main components of the new framework, analyses its ongoing implementation in the European Union and discusses its potential impact on banks, putting forward policy recommendations.Design/methodology/approachThis article uses primary sources such as the publications by the Basel Committee for Banking Supervision and the European Commission. It also reviews the secondary sources, including both academic articles and analyses by various stakeholders. However, this article does not undertake any empirical analysis.FindingsThis article discusses that Basel IV will introduce strategic, operational and regulatory challenges for banks in scope. It also identifies a number of areas which are subject to further debate in the European Union such as the enhanced due diligence requirements under the new credit risk framework; governance, reporting and control rules under the operational risk framework; exemptions for certain derivative transactions under the credit valuation adjustment framework and the level of application of the capital floors within banking groups. This article concludes that the global implementation of the reforms by all jurisdictions and transposition into national banking laws concurrently with the European Union in line with the Basel Committee's implementation timeline is important from a financial stability standpoint.Originality/valueThe article presents an up-to-date and comprehensive review of the practical implications of Basel IV standards. It analyses the implementation of the standards in the case of the European Union, reviews the potential policy implications and presents recommendations for risk management practitioners.
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TSCHEMERNJAK, RICHARD. "Assessing the regulatory impact: credit risk — going beyond Basel II." Journal of Risk Finance 5, no. 3 (March 1, 2004): 10–13. http://dx.doi.org/10.1108/eb022989.
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The new capital accord, otherwise known as Basel II, from the Basel Committee on Banking Supervision, addresses the issue of financial risk. Within the latest version of the new accord and numerous consultation papers, the committee has reinforced its emphasis on risk management, encouraging banks to improve their risk assessment capabilities. Basel II attempts to accomplish this by closely aligning capital with modern risk management best practices, and by ensuring that the emphasis on risk makes its way onto supervisory practices and market discipline. Thus, regulatory pressure is, and will remain over the near future, a key driver of risk management systems development across market, credit and operational risk.
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Althawadi, Maryam Abdulla, and Gagan Kukreja. "Implementation of the Basel III and its effect on Bahrain’s banking sector." Corporate Ownership and Control 15, no. 1 (2017): 224–34. http://dx.doi.org/10.22495/cocv15i1c1p6.
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The financial crisis which occurred in 2007 and 2008 has had a major impact on the global banking industry. As a result, many banks went bankrupt or the governments had bailed them out. Thus, to protect banks against such a situation, the Basel Committee on Banking Supervision (BCBS) had scrutinized and altered the banking regulations, termed as the Basel III. The purpose of this study is to analyse the Basel III paradigm and its impact on the banks’ financial health of Bahrain. This kind of study will enhance the understanding of Basel III and its impact on banking sector for researchers of GCC in general and Bahrain in particular. The approach of the study is qualitative, whereas the theoretical framework has been used in the literature review. The empirical results were acquired from the interviews of various personnel from banks in Bahrain to gauge their perspective on Basel III paradigm. The overall perspectives of the banking personnel about Basel III were that it should have more stringent requirements. In this case, the capital requirements are considered to be too low and the risk weights are too unrealistic. However, majority of the banking personnel are still optimistic that Basel III does grant superior protection, but it doesn’t provide complete protection against the chance of failure. According to the research findings, majority of respondents were optimistic and feel that it does help in protecting the banks, while others consider it completely useless and failed to prevent failures.
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Lesmana, Iwan. "RISIKO OPERASIONAL BANK DAN PERMODELANNYA." INDONESIAN JOURNAL OF ACCOUNTING AND GOVERNANCE 1, no. 1 (December 10, 2019): 28–43. http://dx.doi.org/10.36766/ijag.v1i1.2.
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Managing bank’s operational risks becoming an important feature of sound risk management practice in modern financial markets. The most important types of operational risk involve breakdown in internal controls and corporate governance, which could lead to financial losses through fraud, error or failure to perform. Development of statistic has accelarated banks to create internal operational risk models in different ways. Although those models created in different ways, they surely use the pattern of risk management that is developed by Basel Committee on Banking Supervision. Basel Committee on Banking Supervision has proposed three increasingly sophisticated approaches of operational risk, i.e basic indicator approach, standardized approach and advanced measurement approach. Applying those approaches will help banks to eliminate the operational risk, that will lead them to a better intermediation process.
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Handa, Rekha. "Does Corporate Governance Affect Financial Performance: A Study of Select Indian Banks." Asian Economic and Financial Review 8, no. 4 (March 21, 2018): 478–86. http://dx.doi.org/10.18488/journal.aefr.2018.84.478.486.
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Need of corporate governance in present times is intense especially when the global instances of corporate failures and mismanagement are many. The eminence and uniqueness of banking firms necessitates the need of rational corporate governance practices more so with the added emphasis of Basel Committee on Banking Supervision. The study attempts to examine the role of board structures in the financial performance of select banks over a time span of 2008-15 in India where banking and governance both have hogged the limelight sadly for not very pleasant reasons. Analyzing a small sample of 70 firm entries through panel regression, the study establishes Chairman-CEO duality, average remuneration of directors, board committees and female directors as significant influencers of bank performance. Certain limitations of the study though challenge the generalization of results but it forms a good basis for further research.
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Singh, Dalvinder. "Basel Committee on Banking Supervision: Compliance and the compliance function in banks." Journal of Banking Regulation 6, no. 4 (August 2005): 298–300. http://dx.doi.org/10.1057/palgrave.jbr.2340198.
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Abdel-Baki, Monal. "Phasing-in Basel III capital and liquidity requirements in post-revolution Egypt." Journal of Governance and Regulation 1, no. 3 (2012): 36–43. http://dx.doi.org/10.22495/jgr_v1_i3_p4.
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The Basel Committee has introduced a new set of capital and liquidity requirements to be introduced by the global banking system during 2013 till January 2019. Egypt possesses a well-capitalised banking sector, yet it has been exposed to the devastating shock imposed by its popular revolution. Using the GMM method, the impact of introducing the new capital and liquidity requirements on the macroeconomic performance of the Egyptian economy is examined. The results reveal that Egyptian banks are motivated to enhance capital and liquidity ratios in the case of realizing high profits and favourable conditions at the individual banking level. On the other hand, negative macroeconomic performance and a poor business environment substantially deter the preparedness of Egyptian banks to meet the Basel III requirements. The analysis is timely given the need for compliance with Basel III as one of the requirements to raise the credit rating of the devastated economy.
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Abdul Hadi1, Abdul Razak, Tulus Suryanto, and Eddy Yap Tat Hiung. "Bank Soundness and Sustainability-Evidence From Middle East, Indian Sub-Continent and African Banks." IKONOMIKA 3, no. 1 (May 25, 2018): 97. http://dx.doi.org/10.24042/febi.v3i1.2550.
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ABSTRACTThe study is carried out with the objective of examining the effects of bank’s liquidity (LR), non-performing loans (NPL), capital adequacy ratio (CAR), loan growth (FEXP) and default risk premium (FQL) on bank’s performance as measured by return on assets (ROA) within the framework of Basel Committee on Banking Supervision.The financial intermediation theory of banking is reexamined to see how the current banking supervision safeguards the interest of depositors. Engaging pooled OLS as an estimation tool on 93 commercial banks in Middle East, Africa and Indian subcontinent over study period from 2009 through 2016, the findings reveal thatthere are significant relationships between bank’s performance and its liquidity plus loan growth. Both ROA and FEXP are also found to be positively correlated. Even though NPL and CAR do not have significant relationship with ROA, both are found to be negatively correlated with ROA. Overall, the study has proven that liquidity and loan growth have pivotal roles in sustaining bank’s profitability over time. Keywords: Bank’s Liquidity, Return on Assets,Capital Adequacy Ratio, Non-Performing Loans, Loan Growth, Static Panel Data, PooledOLS and Basel Committee on Banking Supervision.
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Benink, H. A. "Issues inzake Basel II." Maandblad Voor Accountancy en Bedrijfseconomie 79, no. 1 (January 1, 2005): 25–32. http://dx.doi.org/10.5117/mab.79.10826.
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Op 26 juni 2004 publiceerde het Basel Committee on Banking Supervision het lang verwachte Basel II Akkoord. In dit artikel zal een overzicht worden gegeven van de belangrijkste punten van Basel II en zullen enkele actuele issues worden besproken. Het zal blijken dat Basel II belangrijke positieve incentive-effecten genereert die banken ertoe aanzet hun meting van kredietrisico te verfijnen via het gebruik van geavanceerde risicomanagementsystemen. Tegelijkertijd zal in dit artikel worden beargumenteerd dat Basel II bij sommige banken prikkels kan creëren om het kredietrisicoprofiel te overoptimistisch in te schatten ten einde de vereiste hoeveelheid eigen vermogen te reduceren en dat er redelijk grote onzekerheid lijkt te bestaan ten aanzien van de betrouwbaarheid van de interne risicomodellen. Het recente Basel II Akkoord vertrouwt met name op de toezichthouders om genoemde effecten van verkeerde inschatting van kredietrisico te mitigeren. In dit artikel zal deze benadering als te eenzijdig worden aangemerkt en zal worden bepleit om de risico-inschatting van de toezichthouders te complementeren met de risico-inschatting van professionele beleggers op financiële markten. Hiertoe is een geloofwaardiger invulling van de marktdiscipline (‘pillar 3’ van het Akkoord) vereist. Ten slotte zal in dit artikel aandacht worden besteed aan de consequenties van Basel II voor de bereidheid van banken om leningen te verstrekken aan ondernemingen, en het MKB in het bijzonder, en aan de mogelijke procyclische werking van Basel II.
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Benink, Harald. "Global Bank Capital and Liquidity after 30 Years of Basel Accords." Journal of Risk and Financial Management 13, no. 4 (April 16, 2020): 73. http://dx.doi.org/10.3390/jrfm13040073.
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In this paper we analyze the effectiveness of more than 30 years of efforts by international banking supervisors, working together in the Basel Committee on Banking Supervision, to harmonize capital and liquidity standards for internationally active banks. Notwithstanding the great efforts and progress made by international banking supervisors since the financial crisis of 2007–2009, two important issues require further attention. First, although bank capital ratios have been raised significantly since the recent financial crisis, they are still at historically low levels. In a world in which global debt ratios have risen even further during the past decade, this is a worrying signal of fragility in the global financial system. Second, bank liquidity requirements may have become too complex and could also have unintented and unpredictable interaction effects with bank capital requirements.
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Mastná, Miroslava. "Analysis of preparation process for Basel II implementation in Czech banks." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 53, no. 3 (2005): 95–108. http://dx.doi.org/10.11118/actaun200553030095.
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In June 2004 the Basel Committee on Banking Supervision published the new capital adequacy framework commonly known as Basel II. Basel II contains international capital standards for banking organizations and will replace the relatively risk-invariant requirements in the current Basel I accord. The Committee intends Basel II to be available for implementation as of year-end 2006. The goal of this paper is to analyze the current situation in bank preparation for Basel II in the Czech Republic. For this reason a survey was done in the Czech banks in September and October 2004. Results of this survey are subject of this article. Results are separately discussed for four groups of banks (according to balance sum) – large, middle and small banks and building societies. The research is divided into three sections. The first section is concentrated on the current phase of preparation of Czech banks for Basel II. Results of this section showed that large banks are best prepared in comparison to other three groups of banks. The goal of the second section of the research was to find out how banks evaluate difficulty of activities connected with implementation of Basel II. Problems are mostly connected with changes in IT systems and lack of data. The goal of the third section was to find out which approach for calculating capital requirements on credit risk are banks most likely to adopt at the Basel implementation date. Majority of banks is most likely to adopt the Standardised approach.
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Chalmers, Adam William. "When Banks Lobby: The Effects of Organizational Characteristics and Banking Regulations on International Bank Lobbying." Business and Politics 19, no. 1 (February 1, 2017): 107–34. http://dx.doi.org/10.1017/bap.2016.7.
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AbstractThis article examines bank lobbying in the Basel Committee on Banking Supervision (BCBS). While excessive bank lobbying is routinely linked to weakened banking regulations, we still know little about bank mobilization patterns. In particular, when and why do some banks lobby the BCBS while others do not? I argue that the decision to lobby is a function of two factors: banks’ organizational characteristics and domestic banking regulations. I test my argument using a unique dataset of over 33,000 banks worldwide during the period in which Basel III was negotiated. My findings confirm a pronounced bias in bank mobilization patterns toward wealthy, internationally active banks. I also find that banks facing more stringent banking regulations at home tend to lobby the BCBS in an effort to level the playing field with international competitors. This effect is particularly salient for stringent regulations on banking activities as well as higher capital adequacy requirements.1
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Penikas, Henry. "The review of the open challenges in the IRB loan portfolio credit risk modeling." Model Assisted Statistics and Applications 15, no. 4 (December 25, 2020): 371–88. http://dx.doi.org/10.3233/mas-200508.
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The Basel Committee on Banking Supervision finalized the Basel III accord in the December 2017 and launched the set of its standards – the Basel Framework – in December 2019. Both documents allow bank to use mathematical models for the credit risk estimation. There are quantitative and qualitative requirements for models to be allowed for use in the prudential regulation of banks. The approach is called an Internal-Ratings-Based one (IRB). This paper aims at discussing a set of issues related to IRB credit risk modeling and such model estimates use. Those issues include data pooling in the credit registries, applying copula-discriminant analysis, validating the borrower concentration per grade, assigning the hybrid credit rating, use of model estimates when voting at the credit committee, estimate of the ultimate credit risk-taking by banks.
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Orgeldinger, Joerg. "Critical Analysis of the New Basel Minimum Capital Requirements for Market Risk." Emerging Science Journal 1, no. 1 (July 8, 2017): 1. http://dx.doi.org/10.28991/esj-2017-01111.
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In its October 2013’s consultative paper for a revised market risk framework (FRTB), and subsequent versions published thereafter, the Basel Committee suggests new ways of dealing with market risk in banks’ trading and banking books. The Basel Committee estimates that the new rules will result in an approximate median capital increase of 22% and a weighted average capital increase of 40% [1], compared with the current framework. Key changes can be found in the internal model approach, in the standard rules and in the scope/approval process. Among the significant changes that are being introduced by the FRTB is a stricter separation of the trading book and banking book. Regardless of whether they use standardised or internal models, banks will need to review their portfolios to determine if existing classifications of instruments and desks as trading book or banking book are still applicable or whether a revision of desk structure is needed. In this article, we analyse the theoretical foundations of the internal model approach (IMA), which are the stressed expected shortfall, liquidity adjustments, default & migration risk and non-modellable risk factors. We thoroughly investigate the criticisms for Internal Risk Model (IMA) and the introduction of a standardised floor, the sensitivity based approach (SBA) with Delta, Vega and Curvature, shock scenarios and the aggregation with asymmetric correlation and reflection of basis/default risk.
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Soana, Maria Gaia, and Giuseppe Crisci. "Duties and responsibilities of the nominating committee." Corporate Ownership and Control 15, no. 1 (2017): 246–52. http://dx.doi.org/10.22495/cocv15i1c1p8.
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Many corporate governance codes and reports emphasize the importance of creating nominating committees within boards. Focusing on banks, the Basel Committee on Banking Supervision (2015) recommends that boards of directors should create an internal nomination/human resources/governance committee. In this context, we have analysed the presence and main characteristics of this committee in the 30 systemically important banks (G-SIBs). To the best of our knowledge, this is the first paper describing in depth the activities of the nominating committees. Our analysis shows that the nominating committee is often also a “governance committee”. Its main responsibilities towards the full board of directors usually include identifying individuals qualified to become board members, guiding the board in its annual review, reviewing succession plans and, occasionally, monitoring education programs for directors. Most charters also entrust the appointment committee with the role of identifying members, and/or reviewing the composition, of board committees and, in a minority of cases, reviewing the suitability of the charters adopted by each board committee. The nominating committee is also frequently required to oversee for the board corporate governance policies and occasionally required to review policies relating to public/strategic issues, relationships with external entities affecting the bank’s reputation and ESG matters. Many charters also entrust the appointment committee with reviewing/appointing directors to the boards of important subsidiaries (9 out of 29) and reviewing/appointing managers (14 out of 29). The nominating committees of G-SIBs are primarily composed of independent directors. The male gender is the most represented. In 2016, the effective average number of meetings of nominating committees in was seven.
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Khudoliy, Lyubov, and Oleg Bronin. "Transformation of the Ukrainian banking system regulation: a new horizon of compliance with the international framework." Banks and Bank Systems 14, no. 4 (November 28, 2019): 22–33. http://dx.doi.org/10.21511/bbs.14(4).2019.03.
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This article discusses the latest methodological recommendations of the Basel Committee on Banking Supervision developed in response to the effects of the global financial crisis and known as Basel III. The purpose of the study is to explore scientific approaches to justifying bank regulation as a key condition for overcoming the economic crisis and improving financial sustainability. The object of research is Basel III instruments that will be implemented in the bank regulatory policy of Ukraine. The systematic approach and systemic thinking used in the article allow one to substantiate the expediency of Ukrainian banking institutions’ governance based on the risk-oriented approach and to determine the strategy of bank supervision for the next 1-3 years. The study evaluates the results of stress testing of the largest banks in Ukraine. Thus, the results confirm that the banking sector in Ukraine is sufficiently capitalized in the absence of macroeconomic shocks, but in case of a crisis, some of these banks are not protected. Therefore, the article formulates recommendations for improving the regulation of these banks, the phased implementation of Basel III, the application of new principles, standards, tools and methods, corporate governance and risk management in Ukrainian banks.
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Trinh, Trung Quoc, and Thuy Thu Pham. "Operational Risk Management under Basel II - The Case of An Binh Joint Stock Bank." Science and Technology Development Journal 19, no. 4 (December 31, 2016): 108–26. http://dx.doi.org/10.32508/stdj.v19i4.775.
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In order to enhance commercial banks’ safety in financial services, Basel Committee on Banking Supervision issued a framework on operational risk management under Basel II. In an ever riskier business environment, it is necessary for Vietnam’s commercial banks to increase their competencies in risk management, especially in operational risk management. This is to ensure a sustainable development for banks in the local market and in the global market as well. In recent years, Vietnam’s commercial banks have developed systems for operational risk management. Therefore, the performance assessment is of importance to improve and enlarge applications on operational risk management, from perceptions, corporate’s culture, procedures to other supportive measures on the field of risk management in Vietnam’s banking system.
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Коростиев, А. А. "Базельский комитет по банковскому надзору: правотворчество и ответственность." ТЕНДЕНЦИИ РАЗВИТИЯ НАУКИ И ОБРАЗОВАНИЯ 70, no. 6 (2021): 51–57. http://dx.doi.org/10.18411/lj-02-2021-210.
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At different stages of economic development, various regulators of the financial system existed. They were delivered separately from each other, with their unique capabilities. The article analyzes one of such regulators at the macro level - the Basel Committee. A brief analysis of the three Basel standards is carried out. The influence of the Basel institutions on the banking system of the Russian Federation is considered. As a result of the study, these applications are reasonably applied.
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Clement, Paul. "The Basel Committee on Banking Supervision report on customer due diligence, October 2001." Journal of Banking Regulation 3, no. 3 (December 2001): 206–7. http://dx.doi.org/10.1057/palgrave.jbr.2340115.
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Abdel-Baki, Monal A. "The Impact of Basel III on Emerging Economies." Global Economy Journal 12, no. 2 (April 25, 2012): 1850256. http://dx.doi.org/10.1515/1524-5861.1798.
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This research constructs a two-stage model to gauge the impact of Basel III on GDP growth rates in 47 emerging market economies (EMEs). The first stage detects a strong relationship between compliance with Basel III capital, liquidity and leverage ratios on the one hand and credit performance on the other hand. The second stage uses multiple regression analysis to estimate the direct and the indirect transmission effects. The results reveal that implementing Basel III would hamper growth by more than 3 percentage points, and that the recovery period from the shock requires 3 years and 3 quarters. Advanced EMEs are the most adversely impacted in comparison to secondary and frontier emerging markets. The paper concludes by proposing a set of recommendations and reforms at various levels: the Basle Committee for Banking Supervision, domestic regulators, national and regional trade unions of banks, and individual banking institutions.
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Kuznichenko, Yana, Serhiy Frolov, Fedir Zhuravka, Mykola Yefimov, and Volodymyr Fedchenko. "Regulatory assessment of the bank market risk: international approaches and Ukrainian practice." Banks and Bank Systems 13, no. 4 (December 7, 2018): 73–84. http://dx.doi.org/10.21511/bbs.13(4).2018.07.
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The implementation of international standards for the bank risk assessment and market risk, in particular, in Ukrainian banking practice is aimed at achieving common standards for regulating banking activities in different countries. This should help to increase the banking sector stability in Ukraine and, accordingly, increase the interest of foreign investors.The article deals with the methodological approaches to assessing the bank market risk (in particular, SA, IMA and R-SbM approaches) recommended by the Basel Committee on Banking Supervision in terms of standardization and unification of the normative framework of capital requirements for Ukrainian banks. Considering the analysis results, it was determined that the choice and implementation of an optimal approach in the context of Ukrainian banking practice can be carried out in one of two alternative scenarios: 1) a simplified version of a sensitivity based method (R-SbM); and 2) a recalibrated version of the Basel II standardized approach. In this case, the Basel II recalibrated version is more acceptable for use by banks, since it is most relevant to volume and complexity of transactions carried out by Ukrainian banks.The obtained results are aimed at improving the existing methodology for calculating the adequacy ratio of banks' regulatory capital (N2), which currently considers only the needs for credit risk coverage, and at refining the methodology in terms of considering banks' market-risk coverage needs.
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Orgeldinger, Joerg. "The Implementation of Basel Committee BCBS 239: Short analysis of the new rules for Data Management." Journal of Central Banking Theory and Practice 7, no. 3 (September 1, 2018): 57–72. http://dx.doi.org/10.2478/jcbtp-2018-0023.
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Abstract In January 2013, the Basel Committee on Banking Supervision issued 14 principles for effective risk data aggregation and risk reporting (BCBS 239) and outlined the paths to compliance for globally systemically important banks (G-SIBs) and domestic systemically important banks (D-SIBs).The Basel Committee devised BCBS 239 in order to ensure that banks and other financial institutions could monitor risks more effectively through superior data aggregation, enabling an overall more reliable and efficient risk management process. In a McKinsey report from June 2015 (Harreis et al, 2017) it is estimated that an average G-SIB would have to spend approximately 230 million USD and an average D-SIB 75 million USD to aggregate risk data that was previously dispersed over a wide variety of systems, geographic locations and banking groups. As the BCBS 239 for G-SIBs deadline was - at the time of writing – 10 months overdue, what approach towards compliance will prove to be more effective? In this article, the new principles according to BCBS 239 are described, criticized and one possible solution to meet the requirements is presented.
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Dhameja, Nand L., and Shilpa Arora. "Banking in India: Evolution, Performance, Growth and Future." Indian Journal of Public Administration 66, no. 3 (September 2020): 312–26. http://dx.doi.org/10.1177/0019556120953711.
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Banks, a significant part of financial system of a country, are essential for its economic development. They have developed over the years and are faced with the challenges for the bright future. The article discusses development and future of banking sector in India in the light of the reforms over the years and is divided into four parts. The paper traces evolution and significance of banking, discusses reforms during pre-liberalisation and post-liberalisation as recommended by various Committees, namely, Narasimham Committees (1991 & 1998), Verma Committee (1996) and Khan Committee (1997) along with the structural and operational reforms. The performance challenges in terms of fee-based income, profitability, credit deposit ratio, business and profitability per employee are highlighted, comparing the public sector banks and private banks.
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Sayah, Mabelle. "Analyzing and Comparing Basel III Sensitivity Based Approach for the Interest Rate Risk in the Trading Book." Applied Finance and Accounting 2, no. 1 (January 28, 2016): 101. http://dx.doi.org/10.11114/afa.v2i1.1300.
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A bank’s capital charge computation is a widely discussed topic with new approaches emerging continuously. Each bank computes this figure using internal methodologies in order to reflect its capital adequacy; however, a more homogeneous model is recommended by the Basel committee to enable judging the situation of these financial institutions and relating different banks among each other.In this paper, we compare different numerical and econometric models to the Sensitivity Based Approach (SBA) implemented by the Basel Committee on Banking Supervision (BCBS) under Basel III in its December 2014 (rev. March 2015) publication in order to compute the capital charge in the trading book. We study the influence of having several currencies and maturities within the portfolio and try to define the time horizon and confidence level implied by Basel’s III approach through an application on bonds portfolios.By implementing several approaches, we are able to find equivalent VaRs to the one computed by the SBA on a pre-defined confidence level (97.5%). However, the time horizon differs according to the chosen methodology and ranges from 1 month up to 1 year.
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Kovalenko, V., S. Sheludko, N. Radova, F. Murshudli, and K. Gonchar. "INTERNATIONAL STANDARDS FOR BANK CAPITAL REGULATION." Financial and credit activity: problems of theory and practice 1, no. 36 (February 17, 2021): 35–45. http://dx.doi.org/10.18371/fcaptp.v1i36.227609.
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The paper analyzes the evolution of the introduction of international standards for bank capital regulation.
The aim of the research is to study international standards for bank capital regulation and their impact on financial stability and sustainability of domestic banking systems.
The 2007—2009 Global Financial Crisis was perhaps the greatest banking and financial crisis since bank failures and the financial panic of the Great Depression in early 1930s. According to academics and professionals, there has been much debate over the last decade as to whether the 2007—2009 banking crisis was primarily a solvency crisis or a liquidity crisis. Capital adequacy of banks today is the main indicator of increasing society’s confidence in banking systems. The flexible and balanced implementation of Basel Committee on Banking Supervision (BCBS) recommendations on the assessment of bank capital adequacy is of particular importance in the context of the deepening economic crisis caused by COVID-19 quarantine restrictions.
Regulation of bank capital is primarily settles by the ability to execute basic functions inherent in it. A number of shocks in connection with the crisis require the renewal and search for a new paradigm of regulation, which today is focused on achieving financial stability, overcoming pro-cyclicality, especially in the banking sector. One of the latest developments in the field of bank capital regulation has been the implementation of international banking supervision standards recommended by BCBS, which have been transformed from Basel I, Basel II, Basel III, Basel 3.5 to Basel IV.
The new ideology suggests that in times of financial and economic crisis or in anticipation of growing uncertainty in the economy, it is necessary to abandon the idea of bank capital management and the creation of financial reserves to maintain liquidity and stability of financial institutions. These measures will not be able to protect the bank from default and bankruptcy. This ideology has become a new paradigm of effective banking regulation, which can be formulated as an accepted set of three vectors: risk; risk management; risk-oriented supervision.
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Golemi, Ela. "Excessive Credit Growth – An Early Indicator of Financial Instability." European Journal of Economics and Business Studies 2, no. 1 (August 30, 2015): 174. http://dx.doi.org/10.26417/ejes.v2i1.p174-179.
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This article discusses the issue of excessive credit growth, which is generally considered as an early indicator of financial and macroeconomic instability. It focuses methods that should be used in order to evaluate if the level of credit growth is excessively enough in order to start applying “countercyclical capital buffer”, a macro prudential tool proposed in the new regulatory framework of Basel Committee on Banking Supervision. Analysis focused in Central and Eastern European countries experiences with credit growth approach before the global financial crisis, show that the HP filter calculation proposed by the Basel Committee is not a suitable indicator of excessive credit growth for converging countries. A broader set of indicators and methods based in economic fundamentals of each country should be employ to determine a country’s position in the credit cycle.
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Cecchetti, Stephen G., Dietrich Domanski, and Goetz von Peter. "New Regulation and the New World of Global Banking." National Institute Economic Review 216 (April 2011): R29—R40. http://dx.doi.org/10.1177/0027950111411378.
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Global banks are changing. With a new set of rules come new business models. We review the international dimension of the financial crisis, centring on cross-border losses and cross-currency funding problems that prompted authorities to adopt wide-ranging rescue measures and liquidity operations. Against this background, we proceed to examine the regulatory response, focusing on the Basel III framework and the ongoing work of the Basel Committee and Financial Stability Board regarding the amount of capital banks are required to hold, restrictions on maturity transformation on banks' balance sheets and proposals to mitigate the risks posed by systemically important financial institutions. Our conclusion is that capital and liquidity regulation will have distinctly different effects on the international organisation of banks. Liquidity regulation, especially when applied locally, has the greatest potential to reshape the global banking landscape.
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Viterbo, Annamaria. "The European Union in the Transnational Financial Regulatory Arena: The Case of the Basel Committee on Banking Supervision." Journal of International Economic Law 22, no. 2 (June 1, 2019): 205–28. http://dx.doi.org/10.1093/jiel/jgz013.
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ABSTRACT Starting from the observation of an increased politicisation of the financial regulatory debate, the article analyses how this might impact the relationship between the European Union (EU) and the Basel Committee on Banking Supervision. The article first describes transnational financial networks after the global crisis and the shift from trust in technocratic autonomy to distrust and politicisation. It then turns to examine the legal bases for the participation of EU institutions in the Basel standard-setting process, discussing the challenges posed under EU law. The last part of the research focusses on the European Parliament’s attempts to become an active player in the transnational financial regulatory arena and on the role it might play to enhance the democratic legitimacy of the Basel process.
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Peihani, Maziar. "The Basel Committee on Banking Supervision: a post-crisis assessment of governance and accountability." Canadian Foreign Policy Journal 21, no. 2 (January 30, 2015): 146–63. http://dx.doi.org/10.1080/11926422.2014.934870.
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Wendschlag, Mikael. "The Basel Committee on Banking Supervision – A History of the Early Years 1974–1997." Scandinavian Economic History Review 61, no. 2 (June 2013): 203–5. http://dx.doi.org/10.1080/03585522.2013.784215.
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