Tag Archives for regulators

Pro-Cyclicality – Discussion of the problem and possible solutions

How to define pro-cyclicality Procyclicality is used in the context of discussing the effects of Basel II on the financial system. A simplified definition of pro-cyclicality is: International rules have encouraged banks to act more aggressively when the economic cycle … Continue reading

06. May 2008 by kasi
Categories: Discussions | Tags: , , , , , , , , , , , , , , , , , , , , , , , , | 2 comments

Corporate Governance and International Standards – Paper by Kern Alexander and Rahul Dhumale

In 2001, Kern Alexander and Rahul Dhumale published a paper on the relevance of International Standards for the Corporate Governance of Financial Institutions. Both the BCBS and the OECD have released Corporate Governance Principles (the OEDC in 2004, the BCBS … Continue reading

21. April 2008 by kasi
Categories: Papers | Tags: , , , , , , , , , | Leave a comment