Readiness of the UAE banks for the implementation of Basel III
Hussein A. Hassan Al-Tamimi,
Mohammed Hersi Warsame and
Andi Duqi
International Journal of Economics and Business Research, 2016, vol. 11, issue 4, 303-316
Abstract:
The objective of this study is to investigate the UAE banks readiness for Basel III implementation. It is crucial for the UAE banks to have good preparation to make sure their compliance with international standards and practices in the banking sector. The authors developed a modified questionnaire based on a survey conducted by the Bank for International Settlements (BIS) in 2013 on Basel III implementation. In addition, Quantifi and Ernst % Young Survey (2013) were used in this study. The study attempted to answer four questions and test three hypotheses about the UAE banks implementation of Basel III. The results indicate that the UAE banks were aware of the benefits of the implementation of Basel III; the UAE banks employees were well educated about Basel III and they were ready for the implementation of Basel III as they have the required resources and trained managers. In addition, the regression results indicate that the most important factor of Basel III implementation is the availability of the needed resources.
Keywords: Basel III benefits; Basel III implementation; banking regulation; UAE banks; United Arab Emirates; banking industry; bank readiness. (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.inderscience.com/link.php?id=77017 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:11:y:2016:i:4:p:303-316
Access Statistics for this article
More articles in International Journal of Economics and Business Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().