Abstract
Before they became standards on Thursday, 7 December 2017, the proposals (BCBS, 2015a, 2015b, 2016a, 2016b, 2016c) of the Basel Committee on Banking Supervision (BCBS) had spurred a heated debate amongst regulators, banks, and politicians on the merits that the new supervisory standards would bring to the resilience of banks as opposed to the potential burden that they would bring to the operational cost and the cost of capital. Since they became standards, the Basel reforms pose challenges as to the implementation of the new rules that the international banks have to cope with.
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References
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Akkizidis, I., Kalyvas, L. (2018). Introductory Remarks. In: Final Basel III Modelling. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-70425-8_1
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DOI: https://doi.org/10.1007/978-3-319-70425-8_1
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