Publication:
Regulation of the banking sector – between the needs of the market and the risks of over-regulation

cris.sourceIdoai:irek.ase.md:123456789/2460
dc.creatorDermengi, Daniela
dc.date2023-03-01T09:10:13Z
dc.date2023-03-01T09:10:13Z
dc.date2022-08
dc.date.accessioned2023-11-13T10:22:08Z
dc.date.available2023-11-13T10:22:08Z
dc.descriptionDERMENGI, Daniela. Regulation of the banking sector – between the needs of the market and the risks of over-regulation. In: Development Through Research and Innovation - 2022 [online]: The 3nd International Scientific Conference: Online Conference for Researchers, PhD and Post-Doctoral Students, August 26th, 2022, Chişinău. Chişinău, ASEM, 2022, pp. 180-184. ISBN 978-9975-3590-5-4 (PDF).
dc.descriptionThe crises of the 21st century have imposed to rethink the international regulatory and supervisory framework of the banking sector, in order to strengthen the banking risk management and restore trust in the banking system. Basel III came as a response to the global financial crisis of 2008. The compliance to the new international prudential regulatory standards it is considered necessary and beneficial. This ensures the international coherence of regulations, aspect that is so necessary in the age of globalization. Likewise, by complying with the minimum prudential requirements, the temptation to relax certain regulations in "good times" is avoided and thus the costs of a possible crisis is reduced. In the process of complying with international regulations, the authorities must evaluate the costs and benefits of each decision, in order to evaluate the needs of the market, the impact and the potential risks. Likewise, it is important that each regulatory initiative to be clearly communicated to the financial institutions, but also to the general public, in order to achieve the intended effects. CZU: 336.02+[336.71.078.3:336.711.6](100+478); JEL: G28 GOVERNMENT POLICY AND REGULATION; DOI: https://doi.org/10.53486/dri2022.20
dc.formatapplication/pdf
dc.identifier978-9975-3590-5-4 (PDF)
dc.identifierhttps://irek.ase.md:443/xmlui/handle/123456789/2460
dc.identifier.urihttps://cris.ase.md/handle/123456789/3316
dc.languageen
dc.publisherASEM
dc.subjectregulation
dc.subjectover-regulation
dc.subjectde-regulation
dc.subjectBASEL III
dc.subjectcost-benefit
dc.titleRegulation of the banking sector – between the needs of the market and the risks of over-regulation
dc.typeArticle
dspace.entity.typePublication
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