Development banks, risk and basle ii: some assessments

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Auteur principal: Rogério Sobreira
Format: Artículo científico
Langue:en
Publié: Fundação Getulio Vargas 2008
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author Rogério Sobreira
author_facet Rogério Sobreira
contents Development banks, risk and basle ii: some assessments Rogério Sobreira Administración y Contabilidad risk risk Basle II Basle II Development banks The implementation of the Basle II agreement in the financial markets of world economies has been seen as a significant advance in relation to the model enforced under the first agreement (Basle I). It is generally understood that the new agreement represents a substantial advance in relation to the first because it allows banks to better deal with the risks to which they are exposed. Nevertheless, when the application of these principles to development banks is considered it can be noted that certain inconsistencies exist, notably the fact that these institutions are typically public institutions - or at least strongly dependent on public funding - and they do not operate the payment system of the economy. Therefore, the application of the Basle rules to these institutions does not make sense. This means that Basle does not represent an appropriate set of recommendations for how these institutions should deal with their risks, whether because the proposed form of dealing with risks is inadequate, or because other relevant risks for these institutions are not covered by Basle I and II. 2008 artículo científico 1679-3951 https://www.redalyc.org/articulo.oa?id=323227819005 en http://www.redalyc.org/revista.oa?id=3232 Cadernos EBAPE.BR application/pdf Fundação Getulio Vargas Cadernos EBAPE.BR (Brasil) Num.4 Vol.6
format Artículo científico
id redalyc_323227819005
institution Redalyc
language en
publishDate 2008
publisher Fundação Getulio Vargas
spellingShingle Development banks, risk and basle ii: some assessments
Rogério Sobreira
Administración y Contabilidad
risk
risk
Basle II
Basle II
Development banks
Development banks, risk and basle ii: some assessments Rogério Sobreira Administración y Contabilidad risk risk Basle II Basle II Development banks The implementation of the Basle II agreement in the financial markets of world economies has been seen as a significant advance in relation to the model enforced under the first agreement (Basle I). It is generally understood that the new agreement represents a substantial advance in relation to the first because it allows banks to better deal with the risks to which they are exposed. Nevertheless, when the application of these principles to development banks is considered it can be noted that certain inconsistencies exist, notably the fact that these institutions are typically public institutions - or at least strongly dependent on public funding - and they do not operate the payment system of the economy. Therefore, the application of the Basle rules to these institutions does not make sense. This means that Basle does not represent an appropriate set of recommendations for how these institutions should deal with their risks, whether because the proposed form of dealing with risks is inadequate, or because other relevant risks for these institutions are not covered by Basle I and II. 2008 artículo científico 1679-3951 https://www.redalyc.org/articulo.oa?id=323227819005 en http://www.redalyc.org/revista.oa?id=3232 Cadernos EBAPE.BR application/pdf Fundação Getulio Vargas Cadernos EBAPE.BR (Brasil) Num.4 Vol.6
title Development banks, risk and basle ii: some assessments
topic Administración y Contabilidad
risk
risk
Basle II
Basle II
Development banks
url https://www.redalyc.org/articulo.oa?id=323227819005