Suchergebnisse

Despite revisions to bank capital standards, fundamental shortcomings remain: the rules for setting capital requirements need to be simpler, and resolution should be an essential part of the capital requirement framework. We propose a new system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only common equity should be recognized as capital for regulatory purposes, and risk weighting of assets should be abandoned; capital requirements should be assigned on an institution-by-institution basis according to a regulatory (s, S) approach d

The City of London plays a central role in the internationalisation of bank capital. This internationalisation is based on a specialist type of banking called euro-banking which has focussed on lending to Multinational Corporations and Sovreign States, and which has enhanced the integration of the Newly Industrialising Countries and oil exporting countries with the Advanced economies. Different degrees of state regulation between countries has been important in the evolution of Euro-Banking and is likely to remain so for the future internationalisation of bank capital.