Towards the revision of the capital framework
Giovanni Carosio
Banca Impresa Società, 2010, issue 2, 191-204
Abstract:
In response to the financial crisis, last December the Basel Committee for Banking Supervision issued, under the auspices of the G20 leaders and the Financial Stability Board, a regulatory proposal for strengthening the resilience of the financial system. Banks will be required to improve the quality of their capital and to hold it in amounts that better reflect the relative riskiness of their different exposures; leverage will be curtailed; the procyclical effects of regulation will be mitigated; the liquidity profile of institutions will be more balanced. In the coming months a comprehensive impact assessment will allow to calibrate the new rules, which should be finalised by the end of the year and enter into force at the end of 2012.
Keywords: Basel 2; capital regulation; procyclicality; liquidity risk. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:mul:jqmthn:doi:10.1435/32148:y:2010:i:2:p:191-204
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