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Book Reports
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Number of pages / Number of words: |
8 / 1997 |
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After meeting on a number of occasions the came up with the Basel One Accord keeping the internationally diversified banks in mind according to them a bank should be under the regulatory power of the country it belongs to. It assists bank make sure that they have enough capital but it does not succeed to account for the diversity, and sophistication of the financial market...
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It assists bank make sure that they have enough capital but it does not succeed to account for the diversity, and sophistication of the financial market. (Page 73 and 74 of the textbook)
Insight into Basel One System
The three basic elements of Basel one are capital, risk weight, and target standard ratio...
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