Greenspan says Basle II could reduce extremes of business cycles

CHICAGO, ILLINOIS -- The Basle II bank accord, by accelerating the adoption of more formal, quantitative risk-management techniques, is likely to help reduce any tendency for bank lending policies to reinforce business cycles, US Federal Reserve Board chairman Alan Greenspan said in May.

Enhanced risk management, as embodied in the principles of the complex, risk-based Basle II bank capital adequacy accord, will tend to flatten cyclical lending patterns by increasing the ability of banks and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here