The New Basel Capital Accord in Supervisory Regulations of the European Union
Banking and Financial Markets After Global Crisis of the Years 2008-2010, Nicolaus Copernicus University Faculty of Economic Sciences and Management, 2012, ISBN 978-83-62049-18-9, p.15-38
14 Pages Posted: 1 Mar 2013
Date Written: February 27, 2013
The purpose of the paper is to analyze solutions recommended by the Basel Committee on Banking Supervision (especially the New Basel Capital Accord) in the aspect of their application in the European Union countries (including Poland). In the paper descriptive method was used, which enabled to formulate synthetic conclusions concerning applied solutions in the area of banking supervision. Banking supervision which functioned in Poland till the end of 2007 realized goals set before it successfully. Currently functioning system of the integrated supervision of financial market is the commonly applied solution in the European Union countries. Banking supervision development in our country stamped positively and permanently the process of creating modern and safe banking system. The Polish banking law includes range of prudential norms, which limit accepting an excessive risk and increase safety level of the whole banking system.
Keywords: the New Basel Capital Accord, prudential norms, integrated supervision system, risk management
JEL Classification: D89, G21, G28
Suggested Citation: Suggested Citation