Some Considerations Regarding the Implementation of Basel III

Mihai Dorel Vlad

《Academic Journal of Economic Studies》 2卷3期 (2016/09) Pp. 96-103

摘要

Basel III represents a basic revision of the banking industry regulatory and supervisory framework for the future, the objective being the stability consolidation of the financial system. The objective of this article is to analyze the impact of the Basel III implementation upon the banking system at the European level, and respectively, upon the banking system of Romania. Basel III standards have been elaborated as a response of the 2008 financial crisis and are considered as vital for the assurance of financial institution capitalization against future financial shocks. The new standards have as an object the improvement of risk management, increased requirements of transparency and publication of credit institutions, as well as solving the banks problems of systemical importance. The measures that the credit institutions could adopt in order to mitigate the impact of alignment to the new standards are adjusting the business model and restructuring bank balance sheets.

關鍵字

Financial security ； financial crisis ； the banking system ； Basel Committee on Banking Supervision ； prudential requirements ； risk management