Skip to main content
SpringerLink
Log in

Basel III — Auswirkungen auf Banken und Finanzsystem

  • Banking Regulation
  • Published:
Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung Aims and scope Submit manuscript

Zusammenfassung

Ab 2014 treten die als Basel III bezeichneten Regeln als zentrales ?ement einer EUweit einheitlichen bankenregulierung in Kraft. banken müssen sich künftig mit mehr und qualitativ hochwertigerem eigenkapital finanzieren. Weitere bestandteile sind eine risikoinsensitive Höchstverschuldungsquote, höhere Kapitalanforderungen für bestimmte Risikopositionen und einheitliche Liquiditätsvorschriften. Diese beinhalten eine Mindestliquiditätsquote, deren ?nhaltung die Zahlungsfähigkeit in einer Stresssituation sicherstellen soll, und eine strukturelle Liquiditätsquote, die die Fristentransformation einschränkt. Der beitrag gibt einen Überblick über die bestimmungen von basel III und deren umsetzung durch das so genannte CRD IV-Paket. Darüber hinaus werden die Auswirkungen auf die kreditvergabe der banken und die Stabilität der Finanzmärkte diskutiert.

Abstract

The Basel III regulatory framework will become effective within the EU in 2014. Banks must improve the quantity and quality of own funds, a supplementary non-risk based capital ratio will be introduced to restrict leverage in the banking system, higher risk weights apply for counterparty credit risk and banks are subject to harmonized liquidity requirements. A liquidity coverage ratio aims to promote the short-term resilience of the liquidity risk profile of banks, whereas a net stable funding ratio limits over-reliance on short-term wholesale funding. This paper surveys the Basel III regulatory framework and its implementation via the CRD IV package. Implications for the supply of loans, credit costs, and financial market stability are discussed.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Literatur

  • Admati, Anat R. DeMarzo, Peter M. Hellwig, Martin F. Pfleiderer, Paul (2011), Fallacies, Irrelevant Facts and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive, Working Paper, March 2011.

    Google Scholar 

  • Allen, Franklin Carletti, Elena (2008), Mark-to-Market Accounting and Liquidity Pricing, in: Journal of Accounting and Economics, Vol. 45, S. 358–378.

    Article  Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2009a), Revisions to the Basel II Market Risk Framework, Basel (updated as of December 2010).

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2009b), Enhancements to the Basel II Framework, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2010a), Basel III: A Global Regulatory Framework for more Resilient Banks and Banking Systems, Basel (revised version June 2011).

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2010b), Basel III: International Framework for Liquidity Risk Measurement, Standards and Monitoring, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2010c), An Assessment of the Long-Term Economic Impact of Stronger Capital and Liquidity Requirements, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2012a), Fundamental Review of the Trading Book, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2012b), Results of the Basel III Monitoring Exercise as of 31 December 2011, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2013a), Basel III: The Liquidity Coverage Ratio and Liquidity Risk Monitoring Tools, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2013b), Results of the Basel III Monitoring Exercise as of 30 June 2012, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2013c), The regulatory framework: balancing risk sensitivity, simplicity and comparability, Basel.

    Google Scholar 

  • Basel Committee on Banking Supervision (BCBS) (2013d), Revised Basel III leverage ratio framework and disclosure requirements, Basel.

    Google Scholar 

  • Blum, Jürg (1999), Do Capital Adequacy Requirements Reduce Risks in Banking?, in: Journal of Banking and Finance, Vol. 23, S. 755–771.

    Article  Google Scholar 

  • Calomiris, Charles W. Kahn, Charles M. (1991), The Role of Demandable Debt in Structuring Optimal Banking Arrangements, in: American Economic Review, Vol. 81, S. 497–513.

    Google Scholar 

  • Centre for the Study of Financial Innovation (CSFI) (2012), Banking Banana Skins; The System in Peril.

    Google Scholar 

  • Council of the European Union (EU) (2013a), Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms, Brussels.

    Google Scholar 

  • Council of the European Union (EU) (2013b), Directive of the European Parliament and of the Council on the access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms and amending Directive 200287EC of the European Parliament and of the Council on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, Brussels.

    Google Scholar 

  • Cosimano, Thomas F. Hakura, Dalia S. (2011), Bank Behavior in Response to Basel III: A Cross-Country Analysis, IMF Working Paper 11119, May 2011.

    Google Scholar 

  • Deutsche Bundesbank (2012), Ergebnisse des Basel III-Monitoring für deutsche Institute, Stichtag 31. Dezember 2011, Frankfurt.

    Google Scholar 

  • Deutsche Bundesbank (2013a), Ergebnisse des Basel III-Monitoring für deutsche Institute, Stichtag 30. Juni 2012, Frankfurt.

    Google Scholar 

  • Deutsche Bundesbank (2013b), Die Umsetzung von Basel III in europäisches und nationales Recht, in: Monatsberichte der Deutschen Bundesbank, Juni 2013, Frankfurt, S. 57-73.

    Google Scholar 

  • Diamond, Douglas W. Rajan, Raghuram G. (2001), A Theory of Bank Capital, in: Journal of Finance, Vol. 55, S. 2431–2465.

    Article  Google Scholar 

  • Erlebach, Jörg Grasshoff, Gerold Berg, Tobias (2010), Die Effekte von Basel III, in: Die Bank, Heft 10, S. 54–58.

    Google Scholar 

  • European Banking Authority (EBA) (2013), Results of the Basel III monitoring exercise as of 30 June 2012, London.

    Google Scholar 

  • Hakenes, Hendrik Schnabel, Isabel (2012), Regulatory Capture by Sophistication, mimeo.

    Google Scholar 

  • Heidorn, Thomas Schmaltz, Christian Schröter, Dirk (2011a), Auswirkungen der neuen Basel-III-Kennzahlen auf die Liquiditätssteuerung: Liquidity Coverage Ratio, in: Zeitschrift für das gesamte Kreditwesen, 64. Jg., S. 397–402.

    Google Scholar 

  • Heidorn, Thomas Schmaltz, Christian Schröter, Dirk (2011b), Auswirkungen der neuen Basel-III-Kennzahlen auf die Liquiditätssteuerung: Net Stable Funding Ratio, online verfügbar unter: http://www.ўw.kreditwesen.dezeitschrif-tenzeitschrift-fur-das-gesamte-kreditwesen201108.

    Google Scholar 

  • Hellwig, Martin (2010), Capital Regulation after the Crisis: Business as Usual? Preprints of the Max Planck Institute for Research on Collective Goods, Bonn.

    Google Scholar 

  • Institute of International Finance (2011), The Cumulative Impact on the Global Economy of Changes in the Financial Regulatory Framework, Washington September 2011.

    Google Scholar 

  • Kaserer, Christoph (2011), Solvency II und Basel II — Die Reform der europäischen Versicherungs- und Bankenregulierung und deren Auswirkungen auf die Unternehmensfinanzierung, München.

    Google Scholar 

  • Kashyap, AntilK. Stein, Jeremy C. Hanson, Samuel (2010), An Analysis of the Impact of “Substantially Heightened” Capital Requirements on Large Financial Institutions, Working Paper, May 2010.

    Google Scholar 

  • KPMG (2011), Basel III: Handlungsdruck baut sich auf: Implikationen für Finanzinstitute.

    Google Scholar 

  • Laux, Christian Leuz, Christian (2009), The Crisis of Fair-Value Accounting: Making sense of the recent debate, in: Accounting, Organizations and Society, Vol. 34, S. 826–834.

    Article  Google Scholar 

  • Loeper, Erich (2011), Basel III und weitere Regulierungsvorhaben des Baseler Ausschusses, in: Zeitschrift für das gesamte Kreditwesen, 64. Jg., S. 550–553.

    Google Scholar 

  • Macroeconomic Assessment Group (MAG) (2010a), Assessing the Macroeconomic Impact of the Transition to Stronger Capital and Liquidity Requirements, Interim Report, August 2010, Basel.

    Google Scholar 

  • Macroeconomic Assessment Group (MAG) (2010b), Assessing the Macroeconomic Impact of the Transition to Stronger Capital and Liquidity Requirements, Final Report, December 2010, Basel.

    Google Scholar 

  • Merton, Robert C. (1974), On the Pricing of Corporate Debt: The Risk Structure of Interest Rates, in: Journal of Finance, Vol. 29, S. 449–470.

    Google Scholar 

  • Miles, David Yang, Jing Marcheggiano, Gilberto (2011), Optimal Bank Capital, Bank of England, External MPC Unit, Discussion Paper No. 31, April 2011.

    Google Scholar 

  • Rudolph, Bernd (2010), Die neuen Regulierungen für die Bank- und Finanzmärkte: Sachgerecht oder kontraproduktiv für das Stabilitätsziel?, in: ifo Schnelldienst, 63. Jg., Heft 3, S. 3–10.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Instituts für Bankwirtschaft und Bankrecht, Universität zu Köln, Albertus-Magnus-Platz, 50923, Köln, Deutschland

    Thomas Hartmann-Wendels (Direktor)

Authors
  1. Thomas Hartmann-Wendels
    View author publications

    You can also search for this author in PubMed Google Scholar

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Hartmann-Wendels, T. Basel III — Auswirkungen auf Banken und Finanzsystem. Schmalenbachs Z betriebswirtsch Forsch 65 (Suppl 67), 72–96 (2013). https://doi.org/10.1007/BF03373023

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF03373023

JEL Classification

Keywords

Schlüsselwörter

Search

Navigation