Risk Management by the Basel Committee: Evaluating Progress made from the 1988 Basel Accord to Recent Developments

Marianne Ojo

MPRA Paper from University Library of Munich, Germany

Abstract: This paper traces developments from the inception of the 1988 Basel Capital Accord to its present form (Basel II). In highlighting the flaws of the 1988 Accord, an evaluation is made of the Basel Committee’s efforts to address such weaknesses through Basel II. Whilst considerable progress has been achieved, the paper concludes, based on one of the principal aims of these Accords, namely the management of risk, that more work is still required particularly in relation to hedge funds and those risks attributed to non bank financial institutions.

Keywords: risk; management; regulation; banks; Basel; Committee (search for similar items in EconPapers)
JEL-codes: G21 K2 (search for similar items in EconPapers)
Date: 2008-08
New Economics Papers: this item is included in nep-acc, nep-ban, nep-bec, nep-cwa, nep-reg and nep-rmg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/10051/1/MPRA_paper_10051.pdf original version (application/pdf)

Related works:
Working Paper: Risk management by the Basel Committee: evaluating progress made from the 1988 Basel Accord to recent developments (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:10051

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