Author: Richard J. HerringPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The Evolving Complexity of Capital Regulation
Author: Richard J. HerringA Primer on the Evolution and Complexity of Bank Regulatory Capital Standards
Author: James R. BarthPublisher:
ISBN:
Category :
Languages : en
Pages : 41
Book Description
Bank regulators consider minimum capital standards essential for promoting well-functioning banking systems. Despite their existence, however, such standards have been insufficient to prevent periodic disruptions in the banking sectors of various countries. The most recent disruption was the global banking crisis of 2007-2009. After the crisis, bank capital requirements have increased and become more complex. Clearly, capital requirements are important as a first line of defense in ensuring safer and sounder banking industries. Given the importance of capital requirements, this paper explains and documents:(1) the extent to which capital requirements have evolved, becoming higher and more complex, and (2) how all the regulatory capital ratios that now exist to account for differences among banks, such as asset size and business model, do not provide equally valuable information about whether a bank is adequately capitalized. A simple minimum regulatory capital ratio will likely promote a more stable banking system.
On the Rising Complexity of Bank Regulatory Capital Requirements
Author: James R. BarthPublisher:
ISBN:
Category :
Languages : en
Pages : 55
Book Description
After the Latin American Debt Crisis of 1982, the official response worldwide turned to minimum capital standards to promote stable banking systems. Despite their existence, however, such standards have still not prevented periodic disruptions in the banking sectors of various countries. After the 2007-2009 crisis, bank capital requirements have in some cases increased and overall have become even more complex. This paper reviews:(1) the extent to which Basel-style capital adequacy guidelines have evolved, becoming higher in some cases and overall more complex, (2) how the US implementation of these guidelines has contributed to regulatory complexity, even when omitting other bank capital regulations that are specific to the US, and (3) how the US regulatory measures still do not provide equally valuable information about whether a bank is adequately capitalized.
International Convergence of Capital Measurement and Capital Standards
Author: Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description
Risk-Based Capital
Author: Lawrence D. CluffPublisher: DIANE Publishing
ISBN: 0788186701
Category :
Languages : en
Pages : 187
Book Description
The Single Resolution Mechanism
Author: Robby HoubenPublisher:
ISBN: 9789400007789
Category : Banking law
Languages : en
Pages : 0
Book Description
This book takes stock after a year of application of the SRM and examines the situation from various perspectives: the perspective of the SRB, the NRA, the supervised bank and judicial protection. Special attention is given to the division of power between the RB and the NRA and the impact on the supervised bank, the relationship and links between the SRM and the SSM and the query whether the right balance between national and supranational powers has been struck, also in view of the principle of subsidiarity.
Banking On Basel
Author: Daniel TarulloPublisher: Columbia University Press
ISBN: 0881324914
Category : Business & Economics
Languages : en
Pages : 327
Book Description
The turmoil in financial markets that resulted from the 2007 subprime mortgage crisis in the United States indicates the need to dramatically transform regulation and supervision of financial institutions. Would these institutions have been sounder if the 2004 Revised Framework on International Convergence of Capital Measurement and Capital Standards (Basel II accord)—negotiated between 1999 and 2004—had already been fully implemented? Basel II represents a dramatic change in capital regulation of large banks in the countries represented on the Basel Committee on Banking Supervision: Its internal ratings–based approaches to capital regulation will allow large banks to use their own credit risk models to set minimum capital requirements. The Basel Committee itself implicitly acknowledged in spring 2008 that the revised framework would not have been adequate to contain the risks exposed by the subprime crisis and needed strengthening. This crisis has highlighted two more basic questions about Basel II: One, is the method of capital regulation incorporated in the revised framework fundamentally misguided? Two, even if the basic Basel II approach has promise as a paradigm for domestic regulation, is the effort at extensive international harmonization of capital rules and supervisory practice useful and appropriate? This book provides the answers. It evaluates Basel II as a bank regulatory paradigm and as an international arrangement, considers some possible alternatives, and recommends significant changes in the arrangement.
Basel III: Are We Done Now?
Author: Andreas DombretPublisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110621495
Category : Law
Languages : en
Pages : 156
Book Description
On December 7, 2017, final agreement was reached on the long-awaited revised bank capital rules known as Basel III. This volume presents the findings of day long symposium hosted by the Institute for Law and Finance on January 29, 2018, dedicated to explaining what has actually been accomplished, what has been left out and what it all means for financial institutions, investors and the public interest.
Revisiting Risk-Weighted Assets
Author: Vanessa Le LesléPublisher: International Monetary Fund
ISBN: 1475502656
Category : Business & Economics
Languages : en
Pages : 50
Book Description
In this paper, we provide an overview of the concerns surrounding the variations in the calculation of risk-weighted assets (RWAs) across banks and jurisdictions and how this might undermine the Basel III capital adequacy framework. We discuss the key drivers behind the differences in these calculations, drawing upon a sample of systemically important banks from Europe, North America, and Asia Pacific. We then discuss a range of policy options that could be explored to fix the actual and perceived problems with RWAs, and improve the use of risk-sensitive capital ratios.
Engineering a Learning Healthcare System
Author: National Academy of EngineeringPublisher: National Academies Press
ISBN: 0309120640
Category : Medical
Languages : en
Pages : 340
Book Description
Improving our nation's healthcare system is a challenge which, because of its scale and complexity, requires a creative approach and input from many different fields of expertise. Lessons from engineering have the potential to improve both the efficiency and quality of healthcare delivery. The fundamental notion of a high-performing healthcare system-one that increasingly is more effective, more efficient, safer, and higher quality-is rooted in continuous improvement principles that medicine shares with engineering. As part of its Learning Health System series of workshops, the Institute of Medicine's Roundtable on Value and Science-Driven Health Care and the National Academy of Engineering, hosted a workshop on lessons from systems and operations engineering that could be applied to health care. Building on previous work done in this area the workshop convened leading engineering practitioners, health professionals, and scholars to explore how the field might learn from and apply systems engineering principles in the design of a learning healthcare system. Engineering a Learning Healthcare System: A Look at the Future: Workshop Summary focuses on current major healthcare system challenges and what the field of engineering has to offer in the redesign of the system toward a learning healthcare system.