The New Basel Capital Accord and the future of the European financial system

Author (Person) ,
Series Title
Series Details No.51, 1 April 2004
Publication Date April 2004
Content Type

From Source URL click on 'Download the document (PDF) for free

The purpose of this report is to provide a detailed, up-to-date and critical analysis of the New Basel Capital Accord framework. It focuses on the limitations and pitfalls that may deserve further investigation, particularly at the European level. Moreover, it provides a provisional assessment of its effects on small- and medium-sized European banks, as well as small- and medium-sized European enterprises. It examines the procyclicality of the new Accord and offers mechanisms to counter it. Finally, it addresses the challenges of implementing the new rules at the EU level

Source Link
Subject Categories ,
Countries / Regions