Amongst other goals, this paper aims to address complexities and challenges faced by regulators in identifying and assessing risk, problems arising from different perceptions of risk, and solutions aimed at countering problems of risk regulation. It will approach these issues through an...

Despite Basel III's efforts to address capital and liquidity requirements, will the risks linked to regulatory arbitrage increase as a result of Basel III's more stringent capital and liquidity rules?As well as Basel III reforms which are geared towards greater facilitation of financial...

The introduction of the 2010 Basel III leverage ratios was intended not only to address shortcomings of the previous Basel capital framework, but also intended to serve as a complement to the risk based capital adequacy framework. However, as with many implementation challenges, other issues...

As well as highlighting why macro prudential policy tools serve as vital complements to monetary policy tools, this paper aims to highlight why the question relating to the suitability of monetary policy as a tool for facilitating financial stability has constituted a topic of contentious...

This presentation highlights developments which have occurred in particular with leverage ratios – and particularly with respect to supplementary leverage ratios. It also incorporates consequences – both intended and unintended, that have emanated in relation to these ratios. Jurisdictional...

The Business Indicator approach has been identified by the Basel Committee as the most suitable replacement for the Gross Income approach, since it addresses most of the Gross Income's weaknesses, as well as possesses certain attributes which were highlighted to have been at the heart of the...

In its aims to address concerns raised by the Basel Committee's June 2013 consultative paper, namely concerns that the Consultative Paper's definition of exposure was “too expansive”, that is, “the leverage ratio's denominator was too large”, changes have been made to the June 2013...

As well as highlighting the importance of cost benefit analyses in decision- making processes here (expected) outcomes are very difficult to predict – given the degree of prevailing and potential risks and uncertainties, as well as the unquantifiable nature of such risks and uncertainties,...