The Asian Banker
中文
LoginSubscribe

“When it comes to reform, ideas and implementation go together”
Stefan Ingves, chairman of the Basel Committee on Banking Supervision, feels that getting the technical details correct rather than new far-reaching ideas is taking an increasingly prominent place.

Jan 30, 2013 | Stefan Ingves

Change and reform – new ideas and new ways of doing things – can be challenging in good times. When all is well, the perceived need is low and the costs – including opportunity costs – are difficult to justify. Even small ideas can be difficult to implement. Crises, on the other hand, provide a catalyst for fundamentally rethinking past practices. Many banks have learnt this as a painful lesson in recent years: when times were good, potential operational, risk management and cultural deficiencies were not examined closely enough. When serious problems emerge, however, there is a demand for new…

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories: Basel III, Regulation, Risk and Regulation
Keywords: BCBS, LCA, NSFR, G20, G-SIB, RCAP, Risk Weighted Assets
Add a new comment:




Allowed tags: <b><i><br>



Comments (0)



Show Less
About us | Jobs and Internships with us | Contact us | Advertise with Us | | Privacy Policy | Copyrights Requests | Legal Notice | Feedback
RSS FeedRSS Feed | Follow us on Linkedin Twitter Facebook
Copyright 2014, The Asian Banker. All Rights Reserved .