Developing Economies and Basel III. Reforms brought by Basel III to the International Regulatory Framework set in Basel I and II.

Seminar paper from the year 2017 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 81, University of Westminster, language: English, abstract: In 2010, the Basel Committee on Banking Supervision (BCBS) initiated a raft of reforms to the banking regulation, dubbed Basel III, introducing new liquidity and leverage ratios and strengthening the banks’ capital requirements ratio with an aim of improving their ability to absorb shocks whilst refining risk management approaches and tightening the banks’ disclosures requirements substantially. This article examines key reforms that were brought by Basel III vis-a-vis the propositions of Basel I and II in reducing bank failures and risk levels using emerging markets (e.g. Africa) as a case study.