BASEL III - UNINTENDED CONSEQUENCES

Original scientific paper
Autor: Dragoslav Vuković

Summary: After the issuance in December 2010 the Basel III rules text, which presents the details of global regulatory standards for bank capital adequacy and liquidity agreed by governors and heads of supervision and endorsed by the G20 leaders at their November Seoul summit, Basel Committee on Banking Supervision moved from the phase of interaction with all stakeholders during the formation of the basic documents, to the equally important phase of implementing the adopted standards, where the Basel Committee and interested stakeholders took to the further communication, aimed at avoiding the unintended consequences and instigated in the Committees documents. This paper gives a brief account of the issues raised in this interaction.

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