Edited by Francesco Cannata & Mario Quagliariello
In December 2010, the Basel Committee on Banking Supervision issued its response to the financial crisis: Basel III.
Designed on strengthen global capital and liquidity regulation with the goal of promoting a more resilient banking sector, the new capital accord is re-writing regulation worldwide.
Written by experts deeply involved in these reforms, indeed many of them participated in the work done by the Basel Committee, Basel III and Beyond is the first book to analyse the new standards, discuss their implementation and assess their impact.
The book combines technical rigor and a straightward style, overlayed with a global outlook, to equip the reader with the tools to understand the new standard and how they will be applied.
"A comprehensive discussion of the contents of the regulatory reform, taking advantage of the knowledge of experts who contributed to shaping the new rules." - From the foreword by Mario Draghi, Governor, Bank of Italy and Chairman , Financial Stability Board
Part I: Basel in The Shadow of The Crisis
- 1. The Big Financial Crisis
- 2. The Policy Response: From the G20 Requests to the GSB Roadmap; Working Towards the Proposals of the Basel Committee
Part II: The New Capital Standards
- 3. The New Definition of Regulatory Capital
- 4. A New Framework for the Trading Book
- 5. Counterparty Credit Risk and Other Risk-Coverage Measures
- 6. Tools for Mitigating the Procyclicality of Financial Regulation
Part III: Complementing Capital Regulation
- 7. The Regulatory Leverage Ratio
- 8. The New Framework for Liquidity Risk
- 9. The Discipline of Credit Rating Agencies
- 10. Systematically Important Banks
- 11. Regulating Remuneration Schemes inBanking
Part IV: The Emerging Regulatory Landscape
- 12. Crisis Management and Resolution
- 13. The Impact of the New Regulatory Framework
- 14. A Brazilian Perspective on the Basel III
- 15. A New Institutional Framework for Financial Regulation and Supervision