Becoming operational in 2007, the Basel Capital Accord initiative is an effort to bring order to international capital markets and level the playing field for banks. Bottom line, officials hope to align capital with the risks faced by banks. However, despite the worldwide endorsements by regulators, the Accord may not be the sure thing everyone hopes it will be. It is very costly to implement and is not suitable for all banks. The question remains, though: Will it succeed? Gathering perspectives from the top minds in the field of international banking and finance, Gup's intriguing book The New Basel Capital Accord offers authoritative, provocative, and practical discussion and analysis of the impact of the Accord and discusses new opportunities for regulatory arbitrage.
- ISBN10 0324202989
- ISBN13 9780324202984
- Publish Date 15 June 2004
- Publish Status Out of Print
- Out of Print 16 June 2021
- Publish Country US
- Publisher Cengage Learning, Inc
- Imprint South-Western
- Format Hardcover
- Pages 462
- Language English