CENGİZ,Efsane, Basel I-II-III Capital Accord, Thesis of Master Degree, Ankara, 2013 In 1988, the Basel Committee, issued the Basel I Accord, in order to strengthen the structure of the banks .This consensus of the world's banking... more
CENGİZ,Efsane, Basel I-II-III Capital Accord, Thesis of Master Degree, Ankara, 2013
In 1988, the Basel Committee, issued the Basel I Accord, in order to strengthen the structure of the banks .This consensus of the world's banking system, has been the first step for the stability of the financial markets, to a single audit approach with the standard criteria. Basel I regulations, tries to establish a relationship based on the principle of risk on assets and the risks that banks operating in the international arena.
In later years, the Basel I Accord has been subject to intense criticism that not only due to capital adequacy, inadequate opinion of a systems approach. As a result of these criticisms, the need for a new consensus has emerged.. Basel II was published in 2004, and banks to develop effective risk management and market discipline, enhance the efficiency of capital adequacy measures, thereby creating a solid and efficient banking system and the aim of ensuring financial stability
In 2008, after the financial crisis affecting the world-wide financial system both very costly and troublesome, the Basel Committee, has taken steps to design a new frame, to go through the banking and financial system in a way, which has resistant to crises, to stand face in the future, capital standards for higher compensation, including a detailed liquidity risk and systemic risk. On December 16, 2010, the Basel Committee published the Basel III rules.The most important issue with Basel III has been the implementation of “the capital buffer" and " the capital conservation buffer" applications. From this perspective brings forth a need for additional capital due to Basel III, banks' equity capital provisions for a period thought to negatively affect the measures referred to in the medium term, therefore, it is expected to contribute positively to economic growth. If we evaluate the impact and consequences of Basel III from the perspective of the Turkish business world, would not be of great importance for Turkey debate on capital adequacy, but liquidity and leverage ratios can say that ,on some of the issues , could be dangerous.
Keywords:
1. Basel I
2. Basel II
3. Basel III
4. Banks’ Risk Measurement Methods
5. Basel Criteria
In 1988, the Basel Committee, issued the Basel I Accord, in order to strengthen the structure of the banks .This consensus of the world's banking system, has been the first step for the stability of the financial markets, to a single audit approach with the standard criteria. Basel I regulations, tries to establish a relationship based on the principle of risk on assets and the risks that banks operating in the international arena.
In later years, the Basel I Accord has been subject to intense criticism that not only due to capital adequacy, inadequate opinion of a systems approach. As a result of these criticisms, the need for a new consensus has emerged.. Basel II was published in 2004, and banks to develop effective risk management and market discipline, enhance the efficiency of capital adequacy measures, thereby creating a solid and efficient banking system and the aim of ensuring financial stability
In 2008, after the financial crisis affecting the world-wide financial system both very costly and troublesome, the Basel Committee, has taken steps to design a new frame, to go through the banking and financial system in a way, which has resistant to crises, to stand face in the future, capital standards for higher compensation, including a detailed liquidity risk and systemic risk. On December 16, 2010, the Basel Committee published the Basel III rules.The most important issue with Basel III has been the implementation of “the capital buffer" and " the capital conservation buffer" applications. From this perspective brings forth a need for additional capital due to Basel III, banks' equity capital provisions for a period thought to negatively affect the measures referred to in the medium term, therefore, it is expected to contribute positively to economic growth. If we evaluate the impact and consequences of Basel III from the perspective of the Turkish business world, would not be of great importance for Turkey debate on capital adequacy, but liquidity and leverage ratios can say that ,on some of the issues , could be dangerous.
Keywords:
1. Basel I
2. Basel II
3. Basel III
4. Banks’ Risk Measurement Methods
5. Basel Criteria