Abstract
The Basel Committee on Banking Supervision is responsible for proposing capital requirements for internationally active banks. The Committee first proposed the Basel New Capital Accord, also known as Basel II, in 1999, with the final version (Basel Committee on Banking Supervision 2004) in June 2004. By year-end 2006, Basel II is expected to replace the original Basel Accord, which was implemented in 1988.
A revised and edited version has been published in Journal of Fixed Income, vol. 15 (2006).
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© 2008 Cho-Hoi Hui, Eric Tak-Chuen Wong, Chi-Fai Lo and Ming-Xi Huang
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Hui, CH., Wong, E.TC., Lo, CF., Huang, MX. (2008). Benchmarking Model of Default Probabilities of Listed Companies. In: Genberg, H., Hui, CH. (eds) The Banking Sector in Hong Kong. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230227378_9
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DOI: https://doi.org/10.1057/9780230227378_9
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