[PDF] Top 20 Financial (in)stability in Romania: the implications of Basel III

... This model is part of a larger group of models that assess the relevance of a detailed banking sector for monetary policy and supervision as in Goodfriend and McCallum (2007), Christiano et al. (2009) and Gerali et al. ... See full document

... global financial system; in particular the BCBS (Basel Com- mittee on Banking Supervision) at BIS (Bank of International Settlements) and the FSB (Financial Stability Board) have reached ... See full document

... non financial entities from applying mandatory clearing requirements, the importance of such a jurisdiction or authority ensuring that such exemptions, “either on a collective or individual firm basis, do not ... See full document

... The Romanian banking sector is dominated by private foreign capital, which has (i) eased the access to foreign financing, (ii) led to an increased efficiency in risk management and overall and (iii) positively ... See full document

... the Basel lllshowsthat the new stable funding ratios (NSFR) increase the stability of the funding structure of the financial ...the Basel lll is tested in this ...the Basel lll stance ... See full document

... of Basel III Leverage and Basel III Supplementary Leverage Ratios as well as its vital role as a supplementary measure to the risk based capital adequacy ...the Basel Leverage Ratio, ... See full document

... Basel III acts as the result of the interaction of various forces and ...international financial institutions have been able to achieve some progress in developing international banking regulation ... See full document

... first. Financial Times, 20 January ...over Basel reforms, Financial Times 24 November ...and Financial Stability: Challenges Beyond Basel III, Cass Business School, 16 ... See full document

... of Basel standards, and this will be a recurring element in subsequent Basel regulations particularly in Basel ...and Basel 4. Five points to remember include the following. Basel ... See full document

... of Basel III has taken place after the financial crisis in ...The Basel III regulation was framed in such a manner that ensures financial system safety and stability ... See full document

... The set up of our model is similar to Thurner et al. [2012] and Poledna et al. [2014] which study the effects of leverage in an economy with heterogeneous HFs. Thurner et al. [2012] show that leverage causes fat tails ... See full document

... of Basel III Leverage and Basel III Supplementary Leverage Ratios as well as its vital role as a supplementary measure to the risk based capital adequacy ...the Basel Leverage Ratio, ... See full document

... any financial crisis the world has experienced has brought its problems, but also, after long studies, it has brought some answers and ...first Basel agreement, have met the needs of the market and could ... See full document

... global financial de-regulation took place that aimed to create space for banks to achieve better economies of scope and better risk diversification (Barth, Brum- baugh, and Wilcox, ... See full document

... that financial distress can be identified by analyzing the changes in an institution‟s balance ...firm‟s financial statements imply that a firm is incapable of maintaining an equilibrium state between its ... See full document

... the Basel III CVA method- ology resembles the ...the Basel III CVA is connected to the CVaR with the use of α = 0 and there is no CVaR triv- ial compensation term for ∆(α) defined ... See full document

... between financial stability and monetary policy objectives, the synergetic relationships between monetary policy setting and prudential frameworks need to be ...the Basel Committee’s efforts and ... See full document

... in Basel II norms is what led to the global financial crisis of ...because Basel II did not have any explicit regulation on the debt that banks could take on their books, and focused more on ... See full document

... solvation effects on the tautomerism of N 1 -substituted hydantoin. They found, in all cases, that the diketo form is the most stable tautomer and the solvent interactions have not pronounced an effect on the order of ... See full document

... dynamic approach to heightening risk weights. If, for example, risk weights increase enough for the sovereign debt asset class, banks will have less incentive to squeeze out profits by overinvesting in zero-risk assets ... See full document