| Summary: | Liquidity involves the degree to which an asset can bebought or sold in the market without affecting its price. The 2007 to 2009 financial crisis was characterized by a decreasein liquidity and necessitated the introduction of BaselIII capital and liquidity regulation in 2010. Inside, you'lllearn how such regulations are applied on a broad crosssectionof countries in order to understand and demonstratethe implications of Basel III. This book summarizes the defining features of the BaselI, II, and III Accords and their perceived shortcomings, aswell as the role of the Basel Committee on Banking S.
|
|---|