Free Accounting Dissertations - This Chapter Aims To Present A Clearer Picture To The Reader On The Effects
This chapter aims to present a clearer picture to the reader on the effects of the Basel II accord on the banks analysed.
Chapter 7: Conclusion and Recommendations
The conclusions derived from the case results and discussions on the case study and the overall conclusion on the effect of Basel I accord on the Qatar Banking Sector is presented in this chapter. Alongside, this chapter presents a few constructive recommendations based on the results and discussion on the case study.
Chapter 2: Overview of Basel II Accord
This chapter begins with an overview of the Bank for International Settlements followed by a detailed analysis of the Basel II accord. The Basel II committee is also analysed alongside in order to provide a deeper insight to the readers.
2.1 Bank for International Settlements Overview and it’s Operations
The Bank for International Settlements (Bank for International Settlements) is an international organization looking after international monetary and financial co-operation across the globe. This organization acts as the bank for all the central banks of countries participating in the international finance and banking.
The Bank for International Settlements profile states that the bank achieves the aforementioned statement through acting as
A forum to promote discussion and facilitate decision-making processes among central banks and within the international financial and supervisory community.
A centre for economic and monetary research
A prime counter party for central banks in their financial transactions and
Agent or trustee in connection with international financial operations.
Established in 17th Many 1930, it is the oldest financial organization at the international level.
The Bank for International Settlements has three major decision making bodies within the bank to achieve its mission. They are
The general meeting of member central banks
This meeting is held before the end of four months of the end of the banks annual financial year. The meeting addresses all the issues related to business and the member central banks gather to approve the annual financial statement released by the bank.
The Board of Directors
The board of directors comprise the central bank governors elected from various participating countries. They monitor the overall operation of the bank and take responsibility for actions to be taken and address issues related to disputes and other major international financial cross border problems.
The Management Committee
The management committee is the first line representative of the Bank for International Settlements and addresses the day-to-day activities of the bank. This committee primarily manages the monetary and financial co-operation services.
