Basel II implementation in the midst of turbulence : CEPS task force report / Frederik C. Musch, chairman ; Rym Ayadi, rapporteur ; with contributions from Maria Nieto, Mathias Schmit
Published
Brussels : Centre for European Policy Studies, [2008]
Preface -- Executive summary & policy recommendations -- Introduction -- 1.What is behind the new Basel capital framework? -- 1.1. Capital requirements an essential regulatory tool -- 1.2. Basel I : a first step toward capital regulation -- 1.3 An integrated view of Basel II's three pillar approach -- 1.4. Conclusions -- 2. What are the likely impacts of risk-sensitive capital requirements? -- 2.1. An overall decrease of capital requirements in benign market conditions -- 2.2. How reliable are the QIS5 results -- 2.3. Conclusions -- 3. What are the building blocks of implementing Basel II in Europe? -- 3.1. A form of Basel II adapted to the European context -- 3.2. A strengthened role for the European Parliament -- 3.3. A multicephalic implementation process -- 3.4. Supervisory consistency and convergence -- 3.5. Conclusions -- 4. Will Basel II be implemented consistently around the globe? -- 4.1 A challenging role for the AIG -- 4.2. Uncertainty delaying timely implementation in the US -- 4.3. Conclusions -- Postscript -- Glossary -- References -- Appendix 1. Impact of the recent market turbulence on selected banks -- Appendix 2. Basel II : overview of strengths and remaining concerns -- Appendix 3. Fundamental differences between Basel II and the CRD -- Appendix 4. The Lamfalussy approach -- Appendix 5. Task Force member & invited guests and speakers
Notes
"June 2008."
Bibliography
Includes bibliographical references (pages 114-120.)
