Uneingeschränkter Zugang

The New Era of Capital Regulation Complexity

   | 05. Sept. 2023

Zitieren

Andersen, H. (2011). Procyclical implications of Basel II: Can the cyclicality of capital requirements be contained? Journal of Financial Stability, 7(3):138–154.Search in Google Scholar

BCBS (2001). The Internal Ratings-Based Approach. Basel Committee on Banking Supervision. Search in Google Scholar

Behn, M., Haselmann, R., Wachtel, P. (2016). Procyclical capital regulation and lending. Journal of Finance, 71(2):919–956.Search in Google Scholar

BIS (2017). Basel III: Finalising post-crisis reforms, Bank for International Settlements. ISBN 978-92-9259-022-2.Search in Google Scholar

Borio, C. (2014). The Financial Cycle and Macroeconomics: What Have We Learnt? Journal of Banking & Finance, 45:182–198.Search in Google Scholar

Brei, M. and Gambacorta, L. (2016). Are bank capital ratios pro-cyclical? New evidence and perspectives, Economic Policy, 31(86): 357–403. Search in Google Scholar

Brož, V. and Pfeifer, L. (2021). Are the risk weights of banks in the Czech Republic procyclical? Evidence from wavelet analysis, Journal of Central Banking Theory and Practice, 2021, 1, pp. 113-139.Search in Google Scholar

CNB (2020). Financial Stability Report 2019/2020, Czech National Bank. ISBN 978-80-87225-95-0.Search in Google Scholar

CRD V (2019). Directive (EU) 2019/878 of the European Parliament and of the Council of 20 May 2019 amending Directive 2013/36/EU as regards exempted entities, financial holding companies, mixed financial holding companies, remuneration, supervisory measures and powers and capital conservation measures, available at: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32019L0878Search in Google Scholar

CRR II (2019). Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements, and Regulation (EU) No 648/2012, available at: https://eurlex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32019R08763Search in Google Scholar

Dahl, D., Meyer, A. and Neely, M. (2016). Bank size, compliance costs and compliance performance in community banking, working paper, In Federal Reserve Bank of St. Louis manuscript, available at: https://www.stlouisfed.org/publications/regional-economist/july-2016/scale-matters-community-banks-and-compliance-costs Search in Google Scholar

Danmarks Nationalbank (2018). Minimum leverage ratio requirement may overrule buffer requirements, in Analysis, Financial stability, 2nd half 2018, Low interest rates and ample lending capacity put pressure on credit standards, available at: https://www.nationalbanken.dk/en/publications/Pages/2018/11/Low-interest-rates-and-ample-lending-capacity-put-pressure-on-credit-standards.aspxSearch in Google Scholar

Drumond, I. (2009). Bank Capital Requirements, Business Cycle Fluctuations And The Basel Accords: A Synthesis. Journal of Economic Surveys, 23(5):798–830.Search in Google Scholar

EBA (2017). Guidelines on PD estimation, LGD estimation and the treatment of defaulted exposures. European Banking Authority. Available at: https://www.eba.europa.eu/eba-publishes-final-guidelines-on-the-estimation-of-risk-parameters-under-the-irb-approach Search in Google Scholar

ECB (2020). ECB Banking Supervision provides temporary capital and operational relief in reaction to coronavirus, 12 March 2020, available at: https://www.bankingsupervision.europa.eu/press/pr/date/2020/html/ssm.pr200312~43351ac3ac.en.htmlSearch in Google Scholar

EBA (2022). EBA Advice on the Review of the Macroprudential Framework. Response to the Commission´s July 2021, Call for Advice, available at: https://www.eba.europa.eu/sites/default/documents/files/document_library/Publications/Other%20publications/2022/1031866/EBA%20advice%20on%20the%20review%20of%20the%20macroprudential%20framework.pdf Search in Google Scholar

Engel, C. (2016). Macroprudential policy under high capital mobility – policy implications from an academic perspective, Journal of the Japanese and International Economies, Vol. 42, pp. 162-172.Search in Google Scholar

ESRB (2015). The ESRB handbook on operationalising macroprudential policy in the banking sector, Addendum: Macroprudential leverage ratios, European Systemic Risk Board, June 2015.Search in Google Scholar

ESRB (2021). Report of the Analytical Task Force on the overlap between capital buffers and minimum requirements. December 2021.Search in Google Scholar

ESRB (2022). Review of the EU Macroprudential Framework for the Banking Sector: A Concept Note, available at: https://www.esrb.europa.eu/pub/pdf/reports/esrb.reviewmacropruframework.220331~65e86a81aa.en.pdf Search in Google Scholar

Finansinspektionen (2016): Leverage ratio as a minimum requirement reduces banks’ buffers, FI Analysis 7, available at: https://fi.se/en/published/reports/fi-analysis/ Search in Google Scholar

Gai, P., Kemp, M., Sánchez Serrano, A. and Schabel, I. (2019). Regulatory complexity and the quest for robust regulation. ESRB, Report of the Advisory Scientific Committee No 8/June 2019. Search in Google Scholar

Haldane, A. G. (2011). Capital Discipline. Speech at the American Economic Association Meeting, Denver, 9 January 2011.Search in Google Scholar

Hayek, F. von (1974). The pretence of knowledge, lecture to the memory of Alfred Nobel, 11 December.Search in Google Scholar

Heid, F. (2007). The Cyclical Effects of the Basel II Capital Requirements. Journal of Banking & Finance, 31(12):3885–3900.Search in Google Scholar

Holub, L., Konečný, T., Pfeifer, L., Brož, V. (2020). The CNB’s approach to releasing the countercyclical capital buffer, CNB, Thematic article on financial stability 3/2020. Search in Google Scholar

Lowe (2002). Credit risk measurement and procyclicality. BIS Working 116, Bank for International Settlement.Search in Google Scholar

Kay, J. (2015). Other people’s money: masters of the universe or servants of the people?, Profile Books, London.Search in Google Scholar

Pfeifer, L., Holub, L., Pikhart, Z., Hodula, M. (2017). Leverage Ratio and its Impact on the Resilience of the Banking Sector and Efficiency of Macroprudential Policy, Czech Journal of Economics & Finance, 67 (4).Search in Google Scholar

Pfeifer, L. and Pikhart, Z. (2019). Leverage Ratio and its Potential For Enhancing the Effectiveness of Capital Regulation. Journal of Central Banking Theory and Practice, 8(2), 129-146.Search in Google Scholar

Pfeifer, L. and Hodula, M. (2020). New kid on the block: Leverage ratio and its implications for banking regulation, European Journal of Finance, 27 (10), 1009-1028.Search in Google Scholar

Malovaná, S. (2018). The pro-cyclicality of risk weights for credit exposures in the Czech Republic, CNB WP 12/2018.Search in Google Scholar

Mariathasan, M. and Merrouche, O. (2014). The manipulation of Basel risk-weights. Journal Financial Intermediation, 23:300–321.Search in Google Scholar

Montes, C. P., Artigas, C. T., Cristófoli, M. E., San Segundo, N. L. (2016). The Impact of the IRB Approach on the Risk Weights of European Banks. Journal of Financial Stability 39, 147-166.Search in Google Scholar

Resti, A. (2016). Banks’ Internal Rating Models - Time for a Change? The “System of Floors” as Proposed by the Basel Committee. European Parliament, ISBN 978-92-846-0197-4.Search in Google Scholar

Rogoff, K. (2012). Ending the financial arms race, Project Syndicate, September.Search in Google Scholar

Singh, S. and Sarma, M. (2020). Financial Structure and Stability: An Empirical Exploration. Journal of Central Banking Theory and Practice, 9(s1), 9-32.Search in Google Scholar

Stigler, G. (1971). The theory of economic regulation, Bell Journal of Economics and Management Science, Vol. 2, No 1, pp. 3-21.Search in Google Scholar

eISSN:
2336-9205
Sprache:
Englisch
Zeitrahmen der Veröffentlichung:
3 Hefte pro Jahr
Fachgebiete der Zeitschrift:
Wirtschaftswissenschaften, Betriebswirtschaft, andere