БАЗЕЛСКИ ПРИНЦИПИ У ФУНКЦИЈИ ПОСЛОВАЊА БАНАКА И ФИНАНСИЈСКЕ СТАБИЛНОСТИ

Jelena Božović and Ivan Božović

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2009, vol. 55, issue 5

Abstract: In the conditions of operations globalization and liberalization during the eighties of the past century, banks considerably expanded their business activities outside the countries where their official main offices were located, which also included incorporation of a large number of affiliates abroad. Subsequently, banks moved their business activities from the countries with stricter bank legislation to the countries with more lenient legal regulations pertaining to that domain. Thus it became much more difficult for supervisory institutions to follow up their operations. The institution with the largest worldwide significance regarding creation of the international standards for supervision of banking institutions is the Basel Committee on Bank Supervision. Its business objective is to emphasize the importance of Basel principles for bank operations and financial stability.

Keywords: Financial; Economics (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:294076

DOI: 10.22004/ag.econ.294076

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