The Evolution of Prudential Regulation

Vincenzo Formisano
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Vincenzo Formisano: University of Cassino

Chapter 2 in Non-Knowledge Risk and Bank-Company Management, 2016, pp 27-49 from Palgrave Macmillan

Abstract: Abstract The Basel Committee on Banking Supervision was established in 1974, under the auspices of the Bank for International Settlements, by the Governors of the Central Banks of the most industrialized countries (G-10), following a default in a German credit institution which had determined negative effects in many countries. This body does not have legislative autonomy in finance and it is not a supranational supervisory authority.

Keywords: Credit Risk; Capital Requirement; Credit Institution; Supervisory Authority; Basel Committee (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-49713-0_2

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DOI: 10.1057/9781137497130_2

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