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        Why will Basel III fail?
        Why will Basel III fail?
        Why will Basel III fail?
        Why will Basel III fail?
        Why will Basel III fail?

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        Why will Basel III fail?

        ABSTRACT

        This paper focuses on the evolution of global banking regulations set by the Basel Committee on Banking Supervision known as the Basel Accords. We argue that argue that both Basel I and Basel II have failed and we expect the same from Basel III. We believe Basel III will fail because of: i) path dependency on two previous failed accords, ii) delayed implementation, iii) strong pressure from bank-supported lobbyists and finally iv) strong influence of politicians. Rather than proposing new banking regulatory initiatives, we recommend imposing higher personal responsibility for bank managers, regulators and supervisors. As a result, Basel III will not prevent future crises from affecting the global bank ....read more

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        DOCUMENT INFO

        • TypePresentation
        • PriceFree
        • FormatPDF
        • Size158 KB
        • LanguageEnglish
        • Stacks0
        • Postedabout 2 years ago
        • Authored-
        • Added byManikandan
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