The Basel Committee on Banking Supervision : a history of the early years, 1974-1997

Cover -- Title -- Copyright -- Contents -- List of Figures -- List of Tables -- Foreword -- Preface -- 1 Introduction -- 2 The antecedents of the BCBS -- A Introduction -- B The Groupe de Contact -- C The Eurodollar market, Herstatt and international financial stability -- D First steps -- 3 Modus operandi: Chairmen -- Secretariat -- members -- structure of meetings -- A Introduction -- B Chairmen -- George Blunden -- Peter Cooke -- Huib Muller -- Gerald Corrigan -- Tommaso Padoa-Schioppa -- Tom de Swaan -- C The Secretariat -- D Members and participation -- E The structure of BCBS meetings -- 4 The Concordat -- A Home/host relationships, 1975 -- B Consolidation of banks' balance sheets -- C Reaction to events -- Banco Ambrosiano, 1982 -- BCCI, 1991 -- D Worldwide implementation of principles, and then standards? -- How could this be done? -- E Conclusion -- 5 External and foreign exchange issues -- A An early warning system? -- B Supervision of the foreign exchange market, foreign currency brokers, the forward market, and so on -- C Country risk exposure and maturity transformations in wholesale international markets -- D Conclusion -- 6 Capital adequacy and the Basel Accord of 1988 -- A Early work -- B The attempt by the BCBS to achieve consensus -- C The US/UK démarche and the negotiations of the 1988 Accord -- D Implementation -- Defending and modifying the club approach -- Handling technical details: the work of the Capital Liaison Group -- Exploring other regulatory avenues -- Assessing the effects of the introduction of the Accord on wider macro-economic developments, or was Basel I responsible for the credit crunch of 1991/92? -- E Assessment -- 7 The Market Risk Amendment -- A Early work: the Beverly subgroup.