Home >
Law >
Banking / Finance >
International Regulation of Banking: Basel II- Capital and Risk Requirements

International Regulation of Banking: Basel II- Capital and Risk Requirements

Author: Simon Gleeson
Publisher: Oxford University Press
ISBN: 9780199215348
Published In: March 2010
Format: Hardback , 424 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

Description
Contents
Author
Reviews

Details

The only book for lawyers on the Basel II Accord and its implications for banking globally
Examines the complex changes to regulatory structure, banking activity and business models
Clear and accessible explanation of the principles of regulatory capital for non financial experts who require a high level understanding of the relevant principles
Explains the impact of complex risk calculations, details of securitization, hedging and netting regulatory requirements

Financial capital regulation drives almost every aspect of the financial markets, from the structures of financial groups and the way they raise capital, as well as the development of investment structures and financial engineering such as derivatives, securitizations, structured finance, credit derivatives, repos and stock lending.

Capital regulation is a little studied area of law. This book provides an introduction to the structure of bank financial regulation for financial lawyers and other non-statisticians interested in the regulatory drivers which shape modern financial transactions and techniques. Although the regulations are based on complex statistical models, the legal and regulatory principles which underlie these regulations are capable of being articulated without formulae and in a structured fashion.

Basel II has introduced a wholly new structure for bank financial regulation, and requires banks worldwide to re-examine their structures, activities and business models. It will result in both substantial change in regulatory structures and a significant increase in the complexity of those structures.

The focus of the work is on the general principles set out in the Basel II and on the implementation of those principles in the EU through the Capital Requirements Directive. It is therefore of direct relevance to readers in all EU and most non-EU significant financial jurisdictions. Providing a clear and comprehensive introduction to the regulatory drivers shaping financial transactions, this work is an accessible guide for lawyers and bankers.

Readership: The primary market for this work is structured finance lawyers, corporate finance lawyers and bankers specialising in the financial services sector. This work will also be of use to academic lawyers and economists studying the financial markets.

I. The Elements of Bank Financial Supervision
1: Introduction to Banks and Banking
2: Why are Banks Supervised?
3: International Bank Regulation
4: The Bank Capital Calculation
II Commercial Banking
5: Credit Risk
6: The Standardized Approach
7: Model Based Approaches to Risk Weighting
8: The Internal Ratings Based Approach
9: Netting, Collateral, and Credit Risk Mitigation
III Investment Banking
10: The Trading Book
11: Securities Underwriting
12: Trading Book Models
13: Credit Derivatives in the Trading Book
14: Counterparty Risk
15: Counterparty Credit Risks for Derivatives, Securities Financing, and Long Settlement Exposures
16: Securitization and Repackaging
17: Operational Risk Requirements
18: Concentration and Large Exposures
19: Liquidity
IV Bank Group Supervision
20: Group Supervision
21: Financial Conglomerates
22: Cross-border and International Supervision of Bank Groups
23: Pillar Three - Disclosure Requirements

Simon Gleeson, Partner, Clifford Chance LLP

"This book should be widely welcomed by graduates joining the ranks of FSA analysts, their colleagues joining or working in finance ministries, prudential supervisory bodies and central banks elsewhere, and many of the transaction-based bankers, lawyers and indeed accountants in the commercial world, will wish to have this book by them for ready access. It will be valued to help them to see the structure and the underlying policy behind the material with which they have to work from day to day....There could be no more appropriate time to publish an accessible book on the way in which the safety and soundness of the worlds banking systems are overseen by the numerous regulators involved world-wide." - Michael Blair, 3 Verulam Buildings