Basel Accords

GPTKB entity

Properties (45)
Predicate Object
gptkbp:instanceOf financial regulation
gptkbp:aimsTo enhance financial stability
gptkbp:appliesTo international banks
gptkbp:developedBy gptkb:Basel_Committee_on_Banking_Supervision
gptkbp:firstIntroduced 1988
gptkbp:focusesOn risk management
capital adequacy
supervisory review
https://www.w3.org/2000/01/rdf-schema#label Basel Accords
gptkbp:influences banking regulations worldwide
gptkbp:isAttendedBy gptkb:Australia
gptkb:Brazil
gptkb:Canada
gptkb:China
gptkb:European_Union
gptkb:India
gptkb:Japan
gptkb:Russia
gptkb:South_Africa
gptkb:Switzerland
gptkb:United_States
gptkbp:isCriticizedFor complexity
procyclicality
implementation challenges
inadequate risk assessment
not addressing operational risk
not addressing shadow banking
not addressing systemic risk
over-reliance on credit ratings
complex reporting requirements
favoring larger banks
increasing compliance costs
lack of uniformity in implementation
not being adaptable to new risks
not being effective in emerging markets
not being sufficiently forward-looking
not preventing financial crises
gptkbp:isEvaluatedBy stress tests
gptkbp:isLocatedIn member countries
gptkbp:isMonitoredBy gptkb:Basel_Committee
gptkbp:isRelatedTo financial crises
global financial system
gptkbp:isSupportedBy financial institutions
central banks
gptkbp:isUpdatedBy revisions and amendments