2011•RePEc: Research Papers in EconomicsRequires access

The Road to Basel III – Quantitative Impact Study, the Basel III Framework and Implementation in the EU

Anastasia Gromova-Schneider, Caroline A. Niziolek

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Abstract

In response to the financial crisis, the Basel Committee on Banking Supervision (BCBS) in December 2009 published its first consultative proposals to review the Basel II regulatory framework. Following a consultation process and a quantitative impact study (QIS), on December 16, 2010, the BCBS published the final Basel III framework for tightening the globally applicable capital adequacy and liquidity rules. The implementation of the new provisions in the EU is currently under way. The European Commission’s legislative proposals are expected to be published before summer 2011.

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In response to the financial crisis, the Basel Committee on Banking Supervision (BCBS) in December 2009 published its first consultative proposals to review the Basel II regulatory framework. Following a consultation process and a quantitative impact study (QIS), on December 16, 2010, the BCBS published the final Basel III framework for tightening the globally applicable capital adequacy and liquidity rules. The implementation of the new provisions in the EU is currently under way. The European Commission’s legislative proposals are expected to be published before summer 2011.

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Available abstract

In response to the financial crisis, the Basel Committee on Banking Supervision (BCBS) in December 2009 published its first consultative proposals to review the Basel II regulatory framework. Following a consultation process and a quantitative impact study (QIS), on December 16, 2010, the BCBS published the final Basel III framework for tightening the globally applicable capital adequacy and liquidity rules. The implementation of the new provisions in the EU is currently under way. The European Commission’s legislative proposals are expected to be published before summer 2011.

Key concepts: Basel III, Risk-weighted asset, Basel II, Basel I, Capital requirement, Operational risk, Risk-adjusted return on capital, Accounting

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