BASEL-3: REAL REFORM OR ANOTHER IMITATION?
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BASEL-3: REAL REFORM OR ANOTHER IMITATION?
Annotation
PII
S0207-36760000495-3-1
Publication type
Article
Status
Published
Edition
Pages
152-162
Abstract
The paper studies an actual issue of introduction of the International regulatory framework for banks (Basel-3) requirements developed by the Basel Committee on Banking Supervision into banking and financial practice with regard to current financial crisis. The authors by revising Basel-3's reforms and analyzing current situation in the world financial and banking systems in Europe, USA and Russia have appraised all cons and pros of the given reforms and showed a necessity for an introduction of not only formal but precise and transparent approach towards sufficiency of banking capitals, liquidity and adequacy of banking institutions to the challenges of a modern financial situation in the world.
Keywords
risk-management, liquidity, capital adequacy, fictitious capital, banking reserves, Basel-3, base capital
Date of publication
31.03.2011
Number of purchasers
1
Views
772
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0.0 (0 votes)
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