The new Basel Capital Accord: A major advance at a turbulent time
- ANU College of Business & Economics
- Publication Type:
- Journal Article
- Agenda, 2009, 16 (1), pp. 25 - 43
- Issue Date:
January 2008, the Australian Prudential Regulation Authority introduced the second-generation capital requirement, Basel II, that substantially extended the 1988 Capital Accord of the Basel Committee on Banking Supervision. This paper explains the main features of Basel II; reviews concerns about the likely effects of the new capital requirement; and assesses the new capital requirement in the context of the global financial crisis.
Please use this identifier to cite or link to this item: