ECB paper on the new Basel capital framework

The ECB Occasional Paper "The New Basel Capital Framework and its implementation in the European Union" published December 2005 gives an overview of the main issues that relate to the EU implementation, mainly from the perspectives of financial stability and financial integration.

Following the adoption by the Basel Committee of new capital rules for banks, a process is now taking place in the EU to transpose the rules into Community law and, ultimately, into national legislation. This paper

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