THE NEED TO IMPLEMENT BASED III IN THE AFTERMATH OF THE GLOBAL FINANCIAL CRISIS
Journal Title: Challenges of the Knowledge Society - Year 2016, Vol 6, Issue 0
Abstract
Prudential regulation has as ultimate objective securing protection of a bank's clients, shareholders and creditors by defining a sufficient level of bank capitalization. Given the particular importance of the banking sector's vital functions for any economy, the prudential regulations of the key components of the banking system become an essential condition for securing the economic and financial health of a country. Having become aware of the particular importance of a sound legal framework for the banking system, the international authorities have come up with proposals of improvement to the Basel II Agreement
Authors and Affiliations
Mădălina Antoaneta RĂDOI, Alexandru OLTEANU
Keywords
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