Abstract
To make banks less likely to fail, authorities in all principal jurisdictions have decided to strengthen regulation. Using the agreements in the Basel Committee on Banking Supervision as a foundation, authorities have raised capital requirements, instituted liquidity requirements and set standards for governance, risk management and remuneration. Together these measures will reduce the likelihood that banks will fail.
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© 2014 Thomas F. Huertas
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Huertas, T.F. (2014). Less Likely to Fail: Strengthening Regulation. In: Safe to Fail. Palgrave Macmillan, London. https://doi.org/10.1057/9781137383655_3
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DOI: https://doi.org/10.1057/9781137383655_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-48060-9
Online ISBN: 978-1-137-38365-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)