Basel II – an opportunity for convergence in the EU
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 January 2006
Abstract
Purpose
Seeks to present the personal viewpoint of the chairman of the Committee of European Banking Supervision (CEBS) on the opportunities for convergence afforded by the BASEL II capital framework.
Design/methodology/approach
Highlights some of the initiatives under way in CEBS that aim to make the above a reality in the EU.
Findings
The success of CEBS cannot be measured against the number of publications it produces but only on the impact of their implementation. More specifically, re BASEL II the real test will come with full implementation of the new framework, which will trigger full application of the CEBS agreements.
Originality/value
Coming from the chairman of CEBS, this paper carries great weight.
Keywords
Citation
María Roldán, J. (2006), "Basel II – an opportunity for convergence in the EU", Journal of Financial Regulation and Compliance, Vol. 14 No. 1, pp. 24-28. https://doi.org/10.1108/13581980610644725
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited