Bindseil, Ulrich; Lamoot, Jeroen - 2011
Basel III introduces for the first time an international framework for liquidity risk regulation, reflecting the … experience of excessive liquidity risk taking of banks in the run up to the financial crisis that erupted in August 2007, and … internalisation of liquidity risks (i.e. pricing of liquidity risk) and to address excessive reliance ex ante on central bank …
