Critically discuss the main reforms brought by Basel III to the international regulatory framework set in Basel I and II.’

Critically discuss the main reforms brought by Basel III to the international regulatory framework set in Basel I and II.’

Order Description
Critically discuss the main reforms brought by Basel III to the international regulatory framework set in Basel I and II.’
The word limit is 2500 words. The coursework should be written in an essay form for but you can add headings where appropriate. The reference style is Harvard style but please feel free to use OSCOLA (Oxford style) if you find it is more convenient to use it.

https://www.law.ox.ac.uk/sites/files/oxlaw/oscola_4th_edn_hart_2012.pdf

Notes:
– Talk about Basel I and II (intro, history, etc)
– why Basel II came in place (anything wrong with Basel I?)
– why Basel III came in place
– differences between Basel I, II and III
– key aspects of basel III
– Use oxford referencing style (or OSCOLA if you have too much to write down)
– no need to perform literature review but critical comments about reforms is important
– it’s an essay; not a report. So no need to include abstract and etc.
– minimum 12 references

. Suggested reading on assessed coursework:

Abdullah, A. (2014). “Addressing the financial crisis: perceived effective of Basel III. ” Journal of International Banking Law and Regulation.

Alexander, K. (2015) Are environmental risks missing in Basel III? Journal of International Banking and Finance Law. 30(2). Available from: https://www.lexisnexis.com.ezproxy.westminster.ac.uk/uk/legal/results/enhdocview.do?doc LinkInd=true&ersKey=23_T23157629688&format=GNBFULL&startDocNo=0&resultsUrlKey= 0_T23157629690&backKey=20_T23157629691&csi=280100&docNo=13&scrollToPosition=1 273

Barfield et al,. (2011). “Basel III – implications for risk management and supervision.” Compliance Officer Bulletin.

Bank for International Settlements (BIS), (2009). “Strengthening the resilience of the banking sector.” Basel Committee on Banking Supervision. Available at: https://www.bis.org/publ/bcbs164.htm

BIS, (2013). “Basel III: The Liquidity Coverage Ratio and Liquidity Risk Monitoring Tools.” Basel Committee on Banking Supervision. Available at: https://www.bis.org/publ/bcbs238.htm

BIS, (2014). “Basel III phase in arrangement.” Basel Committee on Banking Supervision. Available at: https://www.bis.org/bcbs/basel3/basel3_phase_in_arrangements.pdf

BIS, (2014). “Impact and implementation challenges of the Basel framework for emerging market, developing and small economies.” Basel Committee on Banking Supervision.

BIS,(2011). “Basel III: A global regulatory framework for more resilient banks and banking systems”. Basel Committee on Banking Supervision. Available at: https://www.bis.org/publ/bcbs189.htm

Chorafas, D. (2012). “Basel III, the devil and Global banking.” Palgrave macmillan studies in banking and financial institutions.

Davy (2013) Basel III Liquidity Standards: The Implication for Credit Union Investments. Available from: https://www.davy.ie/binaries/content/assets/davypublic/creditunions/davycreditunions_basel-iiiliquiditystandards_may13_final.pdf

Dissananyake, A. (2012). “Basel III and emerging economies: a critique: Part 1.” Journal of International Banking law and Regulation.

Dissanayake, A. (2012). “Basel III and emerging economies: a critique: Part 2.” Journal of International Banking law and Regulation.

Hervé Hannoun. The Basel III Capital Framework: A Decisive Breakthrough. Available at: https://www.bis.org/speeches/sp101125a.pdf

Kadrimi, I. (2015). “The Management of Credit Risk in the Banking System during a Period of 5 years (2009-2014).” Academic Journal of Interdisciplinary Studies. 4(2).

King, P. and Tarbet, H. (2011). “Basel III: An Overview.” Banking Financial Services. Aspen Publishers. 30(5).

Krause, S. (2009). “Big capital requirements no panacea.” American Banker. 174(169)

KPMG (2011) Basel III: Issues and Implications. Available from: https://www.kpmg.com/global/en/issuesandinsights/articlespublications/documents/baselliii-issues-implications.pdf

Lee, E. (2013). “Basel III: Post financial crisis international financial regulatory reform.” Journal of international banking law and regulation.

Lee, E. (2014). “The soft law nature of Basel III and international financial regulations.” Journal of International banking law and regulations.

McNamara, C., Wedow, M. and Metrick A. (2014) Basel III overview. Yale School of Management. Available from: https://som.yale.edu/sites/default/files/files/2014-1BV1BaselIIIB-BaselIIIOverview.pdf

Ojo, M. (2010). “Basel III and Responding to the Recent Financial Crisis: Progress Made by the Basel Committee in Relation to the Need for Increased Bank Capital and Increased Quality of Loss Absorbing Capital.” Kindle Direct Publishing. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1680886

PwC (2010). The New Basel III Framework: Navigating Changes in Bank Capital Management. Available from: https://www.pwc.com/us/en/financialservices/publications/viewpoints/assets/viewpoint-basel-iii.pdf

Roy, D., Kohli, B., and Khatkale, S (2013) Basel I to Basel II to Basel III: A Risk Management Journey of Indian Banks. AIMA Journal of Management & Research, 7 (2/4).

Torfason, B. (2014). “Cash flow accounting in banks: a study of practice”. BAS publishing. Wignall, A. and Atkinson, P. (2010). “What will Basel III Achieve?”. Strengthening Transatlantic Cooperation.

World Finance (2013) World Finance on Basel III. Available from: https://www.baseliii.worldfinance.com/