№275. Implementing Basel III in Europe: Diagnosis and avenues for improvement
№275. Implementing Basel III in Europe: Diagnosis and avenues for improvement
Author(s): Rym Ayadi, Emrah Arbak, Willem Pieter DE GROEN
Subject(s): Economic policy, Financial Markets
Published by: CEPS Centre for European Policy Studies
Keywords: Basel III; Europe; Financial institutions;
Summary/Abstract: Adopted by the European Commission inJuly 2011, the proposed Capita lRequirements Directive and Regulation(CRD IV-CRR) translate into EU law the Basel III standards adopted by the Basel Committee for Banking Supervision (BCBS). Among other things,the proposal increases the quality and quantity ofthe minimum capital; introduces new rules on liquidity, leverage ratios, counter-cyclical buffers and systemically important financial institutions; and amends the definitions of counter party credit risk and rules for the banking book.
Series: CEPS Policy Briefs
- Page Count: 20
- Publication Year: 2012
- Language: English
- Content File-PDF