Analysis of the Announced Basel III Reforms

DOI

10.2991/iceemr-17.2017.5How to use a DOI?

Keywords

Basel III, capital, regulation, supervisory, Macro-Prudential, risk assessment, systemic risk

Abstract

Basel III was created to solve the problems that assume the responsibility for the global financial crisis. This paper is to explore the repercussions of Basel III for the banking industry by the study of the three pillars of Basel III including minimum capital requirement, banking supervisory management and market constraints. It evaluates the key features of Basel III reforms in terms of capital requirements, leverage ratio and liquidity risk ratio. Also, it examines the impacts of the macro-prudential framework from the perspective of Basel III on the banking supervision and regulation, with the analysis of a capital measure of the capital framework and the countercyclical capital buffer. Based on the evaluation and analysis above, it concludes some of the potential weaknesses of Basel III such as flawed risk assessment and unregulated system of shadow banking. These results suggest that the Basel III framework is still insufficient to adequately consolidate the resilience of the banking system.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hongye Gao
PY  - 2017/05
DA  - 2017/05
TI  - Analysis of the Announced Basel III Reforms
BT  - Proceedings of the 2017 International Conference on Education, Economics and Management Research (ICEEMR 2017)
PB  - Atlantis Press
SP  - 16
EP  - 18
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemr-17.2017.5
DO  - 10.2991/iceemr-17.2017.5
ID  - Gao2017/05
ER  -