This study attempts to explain the resilience of the Basel Committee on Banking Supervision and its standards, particularly in the aftermath of the crisis. Some possible explanations of the failures of the Basel regime leading to the global financial crisis of 2007-2008 are explored. Thereafter follows a discussion about the reasons why the fundamental features of the regime are still in place even after its evident inadequacies and why the reforms adopted in the wake of the crisis are a way to safeguard the resilience of such features.

International banking regulation: from failures to incremental reforms. and back?

Matteo Ortino
2021-01-01

Abstract

This study attempts to explain the resilience of the Basel Committee on Banking Supervision and its standards, particularly in the aftermath of the crisis. Some possible explanations of the failures of the Basel regime leading to the global financial crisis of 2007-2008 are explored. Thereafter follows a discussion about the reasons why the fundamental features of the regime are still in place even after its evident inadequacies and why the reforms adopted in the wake of the crisis are a way to safeguard the resilience of such features.
international banking regulation, Basel Committee of Banking Supervision, soft law
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11562/1061220
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact