THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS
In the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency...
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Format: | Article |
Language: | English |
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Publishing house of University of Pitesti, Romania
2014-06-01
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Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
Subjects: | |
Online Access: | http://economic.upit.ro/repec/pdf/2014_1_1.pdf |