文章基本信息

标题：THE LIMITS OF BASEL II ACCORD
本地全文：下载
作者：Zapodeanu Daniela Gall Raluca – Dorina
期刊名称：Annals of the University of Oradea : Economic Science
印刷版ISSN：1222-569X
电子版ISSN：1582-5450
出版年度：2009
卷号：XVIII
期号：03
出版社：University of Oradea
摘要：Even though the present Basel II Settlement has many advantages like: more transparent and detailed bank information, the rating systems, the internal models of evaluation for risks, the three pillars which represent a whole, an equitable bank competition, the actual financial crises revealed the limits of Basel II framework. The disadvantages of Basel II Accord revealed by the international crises can be: the internal rating method of risks evaluation is so complex, that is very difficult to be applied by countries in East and Central Europe, the responsibilities for bank supervisors are very high and the capital markets are full of innovations, Basel II is more sensitive to risks than Basel I, but not enough, because reputation risk, systemic risk and strategic risk are not operational risk. This paper analyses these shortcomings, the economic effects of the nowadays financial crisis and also the necessity of a new Basel III, which has to include more risks.
关键词：implementation and limits of Basel II, financial crisis, the economic effects of the crisis