| The new Basel capital accord is about supervising the commercial bank'scapital, which is the result of the development and competition of the internationalbank. The debt crisis in the end of 20 century made the regulator recognize the badlyneed to publish a globally capital regulation rule. In 1988, the first accord(International Convergence of Capital Measurement and Capital Standards) waspublished. The Basel accord (edition 1988) is the first one to norm the capital ofbanking and draw up the unite rule for the competition in all over the world bankingindustry. With the finance innovation and risk management development, The Baselaccord need updating as well. From 1999, Basel committee on banking supervisionhas announced the new accord draft three times aiming for the new accord, andconfirmed the ultimate accord in July of 2004. The publication of the new accordindicates that the supervision on international banking capital is developing andpromoting continually.The implement of the new accord has different influence on the modern bankingindustry. As a member of BIS, China will adjust some bank item according to thestructure of the new accord sooner or later. But at present, with the non-sound bankingsystem and low-level risk management, it is difficult to imply the new accord. Infuture, we should invest more on the regulation of capital adequacy rate and themanagement of risk. By analyzing the evolutionary process of the two accords andreasons behind it, this paper aims to reveal the new problems surrounding bankingregulation and examine the implications of the new development of bankingregulation and risk management for China.With the comparing analysis and the research with real figures being used in the thesis, weanalyzed the development of the Basel Accord, draw some important enlightenment, disclosed thestates of capital regulation of our country and proposed some suggestions to regulation authorities.These suggestions were hopefully to be useful. |
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