文档介绍：本科毕业论文外文翻译
外文题目:Dealing with Basel II: the impact of the New Basel Capital Accord
出处: Balance Sheet,2003,()
作者: Thomas Garside and Jens Bech
原文:
Dealing with Basel II: the impact of theNew Basel Capital Accord
International regulators are due to finalize the New Basel Capital Accord by the end of 2003,for implementation by banks at the end of is a response to the need for reform of the regulatory system governing the global banking industry. In this article, we review the New Basel Capital Accord and summarize some of the main implications that we expect it to have on the European banking industry. As was the case for the first Basel Accord(BaselI),we conclude that not only will the new accord have an impact on the amount of book capital that banks are required to hold, but also on the strategic landscape of the banking industry.
Keywords Banking, Liquidity, Regulation, Risk management
The new rules of the game
The mittee released a third, and likely to be final, consultative paper for a New Capital Accord(BaselII).The proposal, if adopted, will change profoundly the way banks assess the adequacy of solvency levels, the role of regulators in supervising the prudence of banks' risk management practices and the amount of risk information that banks must publish to market participants. Following a consultation period, the mittee is expected to release a final draft of the New Capital Accord late in 2003.
The current Basel Capital Accord(BaselI) has had considerable ess in reaching its stated aims of strengthening the stability of the international banking system,by increasing capital levels and creating a more level playing field through the consistent application of the accord in different aggregate,current global average levels of Tier 1 capital rose to 8 percent from approximately 6 percent in ,BaselI is used in more than 100 countries,far more than was initially expected.
Despite this apparent ess in