Banking: Difference between revisions
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===Basel I and Basel 2 recommendations=== | ===Basel I and Basel 2 recommendations=== | ||
Responsibility for assessing risk was placed upon the banks and the credit agencies. | Responsibility for assessing risk was placed upon the banks and the credit agencies. | ||
==Banking failures== | ==Banking failures== | ||
Revision as of 04:23, 24 October 2008
Banking makes a major contribution to mature economies but banking crises can do them great damage. Bank regulation is a compromise between the avoidance of banking crises and the preservation of banking efficiency. Following the crash of 2008, proposals for regulatory reform are under consideration.
- For definitions of the terms shown in italics in this article, see the glossary.
The banking principle
History
Economic benefits
Banking risks
Banking regulation
The 1980s deregulations
Basel I and Basel 2 recommendations
Responsibility for assessing risk was placed upon the banks and the credit agencies.