The basle Committee's proposals for a new capital adequacy assessment framework: a critique
In June 1999, the Basle Committee of Banking Supervisors issued a consultative paper proposing the introduction of a new framework for the capital adequacy assessment of internationally-active banks operating in the G10 area. The initiative reflected a desire to address some of the long-acknowledge...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2012-04-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9930 |
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author | Maximilian J.B. Hall |
author_facet | Maximilian J.B. Hall |
author_sort | Maximilian J.B. Hall |
collection | DOAJ |
description |
In June 1999, the Basle Committee of Banking Supervisors issued a consultative paper proposing the introduction of a new framework for the capital adequacy assessment of internationally-active banks operating in the G10 area. The initiative reflected a desire to address some of the long-acknowledged deficiencies in the current regime, operating under the guise of the Basle Capital Accord since 1988, and to accommodate recent market developments (especially in risk management) and financial innovations. This article critically analyses the new proposals, as amended in January 2001, providing a "cost-benefit" analysis of the proposed framework and assessing the extent to which the flaws in the current assessment regime would be overcome.
JEL Codes: G21, G28, F23
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first_indexed | 2024-04-10T17:30:05Z |
format | Article |
id | doaj.art-3a8a14b6c4934afc855db663e6a12f35 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:30:05Z |
publishDate | 2012-04-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-3a8a14b6c4934afc855db663e6a12f352023-02-03T16:48:05ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432012-04-015421710.13133/2037-3643/9930The basle Committee's proposals for a new capital adequacy assessment framework: a critiqueMaximilian J.B. Hall In June 1999, the Basle Committee of Banking Supervisors issued a consultative paper proposing the introduction of a new framework for the capital adequacy assessment of internationally-active banks operating in the G10 area. The initiative reflected a desire to address some of the long-acknowledged deficiencies in the current regime, operating under the guise of the Basle Capital Accord since 1988, and to accommodate recent market developments (especially in risk management) and financial innovations. This article critically analyses the new proposals, as amended in January 2001, providing a "cost-benefit" analysis of the proposed framework and assessing the extent to which the flaws in the current assessment regime would be overcome. JEL Codes: G21, G28, F23 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9930BankBanking |
spellingShingle | Maximilian J.B. Hall The basle Committee's proposals for a new capital adequacy assessment framework: a critique PSL Quarterly Review Bank Banking |
title | The basle Committee's proposals for a new capital adequacy assessment framework: a critique |
title_full | The basle Committee's proposals for a new capital adequacy assessment framework: a critique |
title_fullStr | The basle Committee's proposals for a new capital adequacy assessment framework: a critique |
title_full_unstemmed | The basle Committee's proposals for a new capital adequacy assessment framework: a critique |
title_short | The basle Committee's proposals for a new capital adequacy assessment framework: a critique |
title_sort | basle committee s proposals for a new capital adequacy assessment framework a critique |
topic | Bank Banking |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9930 |
work_keys_str_mv | AT maximilianjbhall thebaslecommitteesproposalsforanewcapitaladequacyassessmentframeworkacritique AT maximilianjbhall baslecommitteesproposalsforanewcapitaladequacyassessmentframeworkacritique |