Post by Sapphire Capital on Aug 12, 2008 20:20:19 GMT 4
Risk Management - Objective of Basle II Accord - A Challenge for Romanian Banking System
Cristina Palfi
Babes-Bolyai University
International Conference, Cluj-Napoca, Romania
Abstract:
Romania's adherence to the European Union implies a suitable adaptation of the Romanian banking system to the requirements of Basle II Accord, representing a challenge for the Romania's regulatory and prudential supervision, but also an additional chance to facilitate international co-operation among the authorities.
At the present time, the main objective of all credit institutions is to enhance risk management, which alongside suitable corporate governance might strengthen the financial stability of the whole banking system.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1141748_code987337.pdf?abstractid=1141748&mirid=3
Cristina Palfi
Babes-Bolyai University
International Conference, Cluj-Napoca, Romania
Abstract:
Romania's adherence to the European Union implies a suitable adaptation of the Romanian banking system to the requirements of Basle II Accord, representing a challenge for the Romania's regulatory and prudential supervision, but also an additional chance to facilitate international co-operation among the authorities.
At the present time, the main objective of all credit institutions is to enhance risk management, which alongside suitable corporate governance might strengthen the financial stability of the whole banking system.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1141748_code987337.pdf?abstractid=1141748&mirid=3