Emerging Issues in Banking Regulation

WPIEA1012003 Image
Price:  $15.00

Author/Editor: Ralph Chami, Mohsin S. Khan, Sunil Sharma
Release Date: © May, 2003
ISBN : 978-1-45185-253-0
Stock #: WPIEA1012003
English
Stock Status: Available

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Description

The paper provides an overview of the profound and rapid changes in banking brought about by technology and deregulation, and discusses the hurdles that will have to be negotiated for putting in place the three pillars-capital adequacy rules, supervision, and market discipline-of the bank regulatory framework envisioned by the New Basel Accord (Basel II). It argues that, especially for developing countries, finding the right balance between regulation, supervision, and market discipline is likely to be difficult. Considerable technical expertise as well as political discipline-which can be viewed as a fourth pillar-will be required to implement Basel II.

Taxonomy

Bank regulations , Banks and banking , Financial institutions and markets




More publications in this series: Working Papers


More publications by: Ralph Chami ; Mohsin S. Khan ; Sunil Sharma