What Was the Role of the Supervisory Committee Recommendations for Credit Institutions and the Requirements of Basel III

Medar Lucian-Ion
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Medar Lucian-Ion: “Constantin Brancusi” University of Targu Jiu

Annals - Economy Series, 2010, vol. 4.I, 277-287

Abstract: The economic downturn and financial crisis has negative impacted the European banking system, which determined the Basel Committee on Banking Supervision, after the implementation of "Basel I and Basel II", to conduct a new series of recommendations. The economic crisis has affected all types banking products and services, all models of supervision and all evaluation methods known. Credit institutions innovations, on the ease of promoting new products and services, absence amid of high quality capital who can absorb losses in the limit of liquidity, led to a deadlock on lending activity. Supervisory Committee appointed by the new "Basel III" recommendations, requires the introduction of minimum global standards for measuring and monitoring liquidity risk and also requires banks to triple quality capital reserve by 2015-2019, up to a 7% capital adequacy.

Keywords: Basel; BCBS reforms; regulatory minimum capital; CAD 3 - Capital Adequacy Directive - European Directive on capital adequacy; capital buffer (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2010:v:4.i:p:277-287

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