The New Basel Accord ? Implication for Banks

Essay specific features

 

Issue:

Business

 

Written by:

Wesley N

 

Date added:

December 15, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

12 / 3307

 

Was viewed:

1387 times

 

Rating of current essay:

 
Essay content:

To achieve this, the Basel Accord was signed in 1988. The Basel Accord was adopted by the Central Banks of over 100 countries as a basis of risk management within their banking system. It aimed to ensure an adequate level of capital in the international banking system. However, the regulatory capital requirement set by the Accord proved to be incompatible with the new sophisticated internal measures of economic capital...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

However, the regulatory capital requirement set by the Accord proved to be incompatible with the new sophisticated internal measures of economic capital. In addition, the Accord was unable to recognize credit risk techniques, such as collateral and guarantees. This resulted in an inflexible system and ultimately increased the risk for financial institutions...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services