000 02882cam a2200325 a 4500
999 _c52855
_d52855
003 BD-DhIDS
005 20181111101913.0
008 050628s2005 sz sb i000 0 eng
040 _aBD-DhIDS
_cBD-DhIDS
_dBD-DhIDS
041 _aEng
086 _aUN CTAD DP-178
100 1 _aCornford, Andrew J.
110 2 _aUnited Nations Conference on Trade and Development
245 1 0 _aBasel II
_bthe revised framework of June 2004 /
_cAndrew Cornford
260 _aGeneva :
_bUnited Nations Conference on Trade and Development.
_c2005
300 _aiv, 35p. :
_bill. ;
_c29 cm.
490 1 _aDiscussion papers ;
_vno. 178
500 _aTitle from PDF file as viewed on 6/28/2005.
504 _aIncludes bibliographical references.
520 3 _a"A major aim of Basel II has been to revise the rules of the 1988 Basel Capital Accord in such a way as to align banks' regulatory capital more closely with their risks, taking account of progress in the measurement and management of risk and of the opportunities which these provide for strengthened supervision. Achievement of this aim has involved the incorporation in Basel II of methods for quantifying banking risks introduced since the late 1980s. The task of the designers of Basel II has been complicated by the way in which the BCBS's rules for banks' capital, originally intended for the internationally active banks of its member countries, have become a global standard widely applied in developing as well as developed countries. Acceptance of this role by the BCBS has entailed a global consultation process, whose results have been reflected in three consultative papers and the RF, and the different approaches and options for setting numerical capital requirements which are intended to accommodate banks and supervisors of different levels of sophistication. As well as providing a commentary on the main features of the RF this paper documents the response of the BCBS to some of the more important points which were raised during this consultation process, including the outcome of decisions taken at a meeting in Madrid in October 2003 following comments on the consultative paper of April 2003, and summarises the results of the most recent of the BCBS's initiatives to estimate the quantitative impact of the Basel II rules on banks' capital. This discussion includes a review of papers issued by the BCBS as part of the last stage of its work preceding the RF"--United Nations Conference on Trade and Development web site.
530 _aAlso available in print.
538 _aSystem requirements: Adobe Acrobat Reader.
538 _aMode of access: World Wide Web.
630 0 0 _aBasel II
_d(2004)
650 0 4 _aBank capital
_xLaw and legislation
650 0 4 _aBanks and banking
_xState supervision
650 0 4 _aFinancial institutions
_xState supervision
650 0 4 _aBanking law
942 _2ddc
_cDC