Better Banking: Understanding and Addressing the Failures in Risk Management, Governance and Regulation

By Adrian Docherty and Franck Viort

A structured critique of recent Basel revisions and constructive proposal for a more effective banking system A compilation of international banking rules established by the Basel Committee on Banking Supervision, Basel III is the third attempt to regulate a successful banking sector since Basel I's establishment in 1988. The most recent update to the international banking guidelines is already subject to critique. According to authors Adrian Docherty and Franck Viort of BNP Paribas, Basel III's attempts to mend the struggling banking world with revised regulations only emphasize or worsen banking weaknesses brought to light by the financial crisis. In response, Basel III: Proposals for a Better Banking Regime highlights proposed improvements to the banking system that occasionally contradict standing policies while acknowledging the inherent controversies that may arise. It argues that Basel III's failure to address issues with the primary principles of banking, which include risk, capital, funding, liquidity, customers, products, and profit, will render it ineffective in its attempts to repair financial markets. -Revisits the basics of banking with in-depth explanations of frequently misused banking terms such as "concept of risk," "definition of capital," and "RWA" -Clearly presents the reasons behind flaws in the current banking system and suggests improvements that may alleviate these issues -Provides the first critical analysis of banking regulations established in 2013 Though the book is targeted at financial professionals and utilizes technical terms, it delivers an accessible description of current failures in financial markets and provides hope for improving them.

• Format: Hardcover
• Language: English
• ISBN: 1118651308
• ISBN13: 9781118651308
• Release Date: February 2014
• Publisher: Wiley
• Length: 376 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.0" x 7.0" x 9.8"