Economics, Econometrics and Finance
4 years ago

Basel III: Strengthening Global Banking System and Mitigating Competitive Inequalities

Basel III and Responding to the Recent Financial Crisis: Progress made bythe Basel Committee in relation to the Need for Increased Bank Capitaland Increased Quality of Loss Absorbing Capital
Mariane.B. Ojo

Paper Summary

The article discusses how the Basel III framework was developed to address new risks in the banking system after the 2008 financial crisis. It compares Basel II and Basel III to evaluate their strengths and weaknesses in regulating banks and ensuring financial stability. The main goal is to increase bank capital and improve the quality of loss-absorbing capital to prevent future crises.

Related papers

Economics, Econometrics and Finance
8 years ago

Basel II Capital Accord Set to Transform Global Banking Industry

Banking Finance
Insurance Dynamics
2 views
Economics, Econometrics and Finance
3 years ago

Basel III Regulations Transform Global Banking System Post Credit Crunch

Banking Finance
Financial Governance
International Finance
2 views
Economics, Econometrics and Finance
4 years ago

Basel III: Strengthening Global Banking System and Mitigating Competitive Inequalities

Financial Governance
Insurance Dynamics
Banking Finance
1 view