Regulating Market Risk in Banks : The Options

Stephanou, Constantinos

World Bank, Washington, DC

关键词: ACCOUNTING;    ACCOUNTING PRACTICES;    ACCOUNTS;    ARBITRAGE;    BANK CAPITAL;   

RP-ID  :  16887

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Regulators concerned about the costs ofbank insolvency and of systemic risk arising from thevolatility of bank trading portfolios have developed threedifferent approaches to setting risk-based minimum capitaladequacy standards for market risk. The author evaluatesthose three approaches--building blocs, internal models, andprecommitment--and assesses their possible implications forbank capital, competition, and pricing decisions.