Regulating Systemic Risks in the Banking Sector

DOI

10.2991/emle-18.2018.7How to use a DOI?

Keywords

Basel III; regulation of systemic risks; national features of regulation of systemic risks

Abstract

The article examines the problems of improving the regulation of systemic risks with regard to the specific features of national economies. The aim of the study is to develop a conceptual platform for the correction of instruments for regulation of institutional systemic risks and its testing in Russian context. The study is based on the analysis of the Basel III regulatory requirements and the practice of their application in the EU and Russia. The study includes the analysis of the national characteristics of the development of the Russian banking system, as well as the analysis of the processes of transformation of the mechanism of formation and accumulation of systemic risks by the banking sector of the Russian Federation. As part of the study, we propose and substantiate the introduction of an additional domestic systemically important capital buffer, which should limit excessive accumulation of systemic risks caused by their recombination and re-concentration. We also identified systemically important Russian banks, which will require this new regulatory tool. The additional domestic systemically important capital buffer proposed in the article will restrict new country-specific sources of accumulation of systemic risks that arise in connection with the change of national macroeconomic and regulatory conditions and manifest in the transformation of business models of banks.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Gospodarchuk Galina
AU  - Suchkova Ekaterina
PY  - 2018/12
DA  - 2018/12
TI  - Regulating Systemic Risks in the Banking Sector
BT  - Proceedings of the 4th International Conference on Economics, Management, Law and Education (EMLE 2018)
PB  - Atlantis Press
SP  - 34
EP  - 44
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-18.2018.7
DO  - 10.2991/emle-18.2018.7
ID  - Galina2018/12
ER  -