The New Basel Accord: Sound Regulation or Crushing Complexity?
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The New Basel Accord: Sound Regulation or Crushing Complexity? Hearing Before the Subcommittee on Domestic and International Monetary Polic by United States

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Published by Government Printing Office .
Written in English

Book details:

The Physical Object
Number of Pages209
ID Numbers
Open LibraryOL10115460M
ISBN 100160702267
ISBN 109780160702266

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4. The Committee recognises that the New Basel Capital Accord (the New Accord) is more extensive and complex than the Accord. This is the result of the Committee’s efforts to develop a risk-sensitive framework that contains a range of new options for measuring both credit and operational risk. In its simplest form, however, this more risk-. The new Basel Capital Accord (Basel II) overcomes the limitations of the Basel Accor d as follows: First, operational risk is incorporated to assess the minimum capital requirements. and complete and the bank is compliant with applicable laws and regulation. In practice, the two notions are in fact closely related and the distinction between both is less important than achieving the objectives of each. Sound internal governance forms the foundation of an File Size: KB. This new framework, generally known as ‘Basel II’, comprised the following three pillars: (i) minimum capital requirements, which sought to develop and expand the standardized rules set out in the Accord; (ii) supervisory review of an institution’s capital adequacy and internal assessment process; and (iii) effective use of.

  See, for example House Committee on Financial Services () The new Basel accord – Sound regulation or crushing complexity? 27 February. See Herring, R.J. () The rocky road to implementation of Basel II in the United States. The New Basel Capital Accord. During , the Basel Committee on Banking Supervision finalised a second set of proposals for reforming the Basel Capital Accord, and released these proposals for public consultation in early APRA has taken a very close and public interest in these particular reform proposals.   The preliminary research shows that the largest banks in the world would raise their lending rates on an average by 16 basis points (bps) in order to increase their equity to asset ratio by percentage points needed to achieve the new Basel regulation of 7% equity to new . implementation of the Basel III Accord. For example, further clarification will be needed from national regulators regarding the instruments that are eligible for treatment as additional Tier 1 and Tier 2 capital. Also, the scarcity of Shari’ah-compliant high-quality liquid assets (HQLA) will make it.

Books at Amazon. The Books homepage helps you explore Earth's Biggest Bookstore without ever leaving the comfort of your couch. Here you'll find current best sellers in books, new releases in books, deals in books, Kindle eBooks, Audible audiobooks, and so much more. Hearing entitled "The New Basel Accord — Sound Regulation or Crushing Complexity?" Domestic & International: Hearing entitled "It’s only FAIR: Returning Money to Defrauded Investors" Capital Markets:   Basel III regulations require banks to protect themselves against strategic risk. This paper aims to provide a comprehensive and measurable definition of this risk and proposes a framework to estimate economic capital requirements.,The paper studies the literature and solicits expert opinion in formulating a comprehensive and measurable definition of strategic risk. HEARING TITLE: The New Basel Accord: Sound Regulation or Crushing Complexity? SUBCOMMITTEE: Domestic and International Monetary Policy, Trade and Technology hba HEARING DATE: 02/26/ HEARING TITLE: It's Only Fair: Returning Money to Defrauded Investors SUBCOMMITTEE: Capital Markets, Insurance, and Government Sponsored Enterprises.