RiskNews review

powell-jpg

Regulation
Basel II could worsen economic downturns to a greater extent than initially thought, according to a working paper issued last month by the Bank for International Settlements (BIS). The BIS paper says Basel II could force banks to cut back lending during an economic downturn, a problem referred to as procyclicality and one that, until now, the Basel Committee on Banking Supervision has denied would be a problem. The Basel Committee says the procyclicality issue will be

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: