The paper provides redesigned approaches in bank risk control, as result of the latest credit crisis. The study's framework links the credit crunch causes to Basel II (BII) and Capital Requirements Directive (CRD) implementation in SMBs. A threefold approach applies: • primary data (June...

The unfolding market crisis reveals evasions of regulatory controls and frauds that were less visible in buoyant markets. International networking of regulators and those they regulated resulted in convergence of regulatory standards-and creation of common ‘blind spots'-corresponding to...