What Is the Role of Basel III in Creating Sufficient Risk Management in the Banking Sector?

2019 ◽  
Author(s):  
Dimitrios V. Siskos
Keyword(s):  
Risk Management ◽  
Banking Sector ◽  
Basel Iii

scholarly journals The Role of Internal Audit in Risk Management from the Perspective of Risk Managers in the Banking Sector

2021 ◽  
Vol 15 (2) ◽  
pp. 114-129
Author(s):  
Oday Tamimi
Keyword(s):  
Risk Management ◽  
Management Practices ◽  
Banking Sector ◽  
Internal Audit ◽  
Target Population ◽  
Internal Auditing ◽  
The Board Of Directors ◽  
Risk Managers ◽  
Main Factor

The present paper aims to identify the role of internal audit function in risk management from the perspective of risk managers in banks operating in Palestine, with a review of the concept, importance, objectives, and principles of internal audit and its role in risk management for banks. The target population is the risk managers in the banks operating in Palestine. The major findings in the presented paper. First, the main factor in risk management is the risk manager's efficiency, and the internal auditing focuses on evaluating the risk management department and ensuring the efficiency of risk management practices in dealing with these risks. Second, the internal audit departments in the banks operating in Palestine participate in providing advice, suggestions and recommendations for the risk management department. Based on the results, the board of directors and senior management in these banks should continue to pay attention to the risk management department, and the need for coordination between these departments to achieve the best results at the banking and economic levels.

scholarly journals Mediation Role of Strategic Direction between Knowledge Risk Management and Organization's Effectiveness Analytical research in the Iraqi government banking sector

2018 ◽  
Vol 24 (106) ◽  
pp. 1
Author(s):  
مصطفى منير اسماعيل ◽  
سعدون محسن سلمان
Keyword(s):  
Risk Management ◽  
Management Practices ◽  
Banking Sector ◽  
Traditional Management ◽  
Strategic Direction ◽  
Private Organizations ◽  
Operational Level ◽  
Analytical Research ◽  
The Relationship

Organizations nowadays, whether public or private organizations, productive or service (such as banks), face major challenges as a result of rapid and continuous changes, and in front of these challenges traditional management operations and tools become unable to make the organization able to work, which makes it imperative for these organizations to follow the methods and management practices, including the proposed knowledge risk management and strategic direction so that it can elevate its actions at the level of developments in reality, in the sense that these organizations and in the light of environmental developments to characterize their strategic direction as an intellectual approach characterized by modernity and entrepreneurship and through its operations and methods, it is able to raise the level of performance of the organization and enhance its position in its economic sector. In order to explain the expected relationships and links between the variables of research, a number of questions were formulated, which reflect these links, and most importantly: What are the reality of the strategic direction in its conceptual environment and its intellectual links with knowledge risk management and organization's effectiveness. The research aimed at achieving a set of goals related in essence to uncover the relationship between the knowledge risk management and the strategic direction and its impact on the effectiveness of the organization by identifying the nature of this relationship as the main objective. The most important conclusions reached by the research was the pursuit of the studied bank's administration towards the formulation of its mission is clearly written and its eagerness to agree that mission with the activities practiced in its usual day at the operational level and the future of renewable horizon at the strategic level.

scholarly journals Basel III and prudent risk management in banking: Continuing the cycle of fixing past crises

2012 ◽  
Vol 2 (3) ◽  
pp. 17-22 ◽  
Author(s):  
François Laurens
Keyword(s):  
Risk Management ◽  
Financial Distress ◽  
Financial Crises ◽  
Banking Sector ◽  
Capital Adequacy ◽  
Basel Iii ◽  
Bank Stability ◽  
Regulation And Supervision ◽  
Bank Regulation And Supervision ◽  
Systemic Crises

Financial crises have had a significant impact on bank regulation and supervision. Reforms are often focussed on correcting past failings. Following the 2007 financial crisis, Basel III reforms have been introduced with a view to promote a more resilient banking sector and to improve the banking sector’s ability to absorb shocks arising from financial distress. A review of the Basel III reforms and the literature on the link between capital adequacy regulations and bank stability indicates that these regulations are unlikely to prevent the failure of banks resulting in systemic crises

scholarly journals Risk management debate focused on banking industry

2013 ◽  
Vol 1 (1) ◽  
Author(s):  
Eugenia Ana Matis ◽  
Cosmin Dumitru Matis ◽  
Jiří Strouhal
Keyword(s):  
Risk Management ◽  
Corporate Governance ◽  
Financial Institutions ◽  
Historical Perspective ◽  
Banking Sector ◽  
Banking Industry ◽  
Basel Ii ◽  
Basel Iii ◽  
Healthy Growth ◽  
Broad Interest

Corporate governance is a subject of constant timeliness and broad interest, mainly aimed at ensuring adequate protection for investors and financial institutions. This interest in corporate governance is due to its influence on the healthy growth of companies and society as a whole. Paper provides evidence on implementation of Basel II and Basel III within Romanian banking sector from the historical perspective trying to show an overview on Basel developments and encourages further investigations into the particularities of the Basel III which is soon to be put into practice.

scholarly journals Factors influencing the implementation of Basel III: An empirical analysis of the UAE banks

2021 ◽  
Vol 16 (1) ◽  
pp. 152-167
Author(s):  
Rama Rezq Aljaber ◽  
Hussein A. Hassan Al-Tamimi
Keyword(s):  
Central Bank ◽  
Banking Sector ◽  
Capital Adequacy ◽  
Basel Iii ◽  
Senior Managers ◽  
Implementation Processes ◽  
Effective Implementation ◽  
Current Implementation ◽  
Expected Benefits

Basel III accord was introduced in 2010 to support banks facing the sever effect of the 2007–2008 financial crisis in terms of liquidity and capital adequacy. The importance of this paper stems from the investigation of the implementation of this Accord in the UAE, and what are the reasons behind the effective implementation. While some previous studies on the UAE have examined Basel Accord, no studies have so far examined the effective implementation of Basel III. In this study, a modified questionnaire was used, a total of 90 bank senior managers responded to the questionnaire and their responses were used to answer the research questions and hypotheses. The results of the regression analysis support the hypotheses proposing a significant positive relationship between implementation effectiveness and expected benefits and availability of resources needed. The results of the analysis did not support the influence of the variables of awareness, the role of management, and the role of the central bank. Based on the findings of this study, three recommendations were made. First, to promote the effective implementation of the Basel Accords in the UAE’s banking sector. Second, banks should review current implementation processes and plans to ensure that employees understand the requirements for implementing Basel III. And third, the UAE Central Bank should be more involved in setting a framework for implementing regulations to ensure the effective implementation of Basel III.

Deutsche Bank and the Road to Basel III

2017 ◽  
pp. 1-20
Author(s):  
George (Yiorgos) Allayannis ◽  
Gerry Yemen ◽  
Andrew C. Wicks ◽  
Matthew Dougherty
Keyword(s):  
Financial Management ◽  
Banking Sector ◽  
Early Stage ◽  
Regulatory Reform ◽  
Basel Iii ◽  
Factors Affecting ◽  
The Road ◽  
Global Industry ◽  
Universal Bank

This public-sourced case was named the best finance case of 2013 in the 24th annual awards and competition sponsored by The Case Centre. It was designed for and works well in the latter portion of a GEMBA Financial Management and Policies course and in the early stage of a second-year MBA elective Financial Institutions and Markets course. The case is set in mid-2012 as the new co-CEOs of Deutsche Bank are about to speak in an analyst call. Students are the decision makers and have the opportunity to evaluate the various factors affecting a bank's situation in a changing global industry, such as leverage and credit quality, as well as to discuss the implications on Deutsche Bank and the banking sector more broadly of Basel III, the global regulatory reform. The students also have the opportunity to conduct a valuation of the bank. Investors were anxious to know whether the new co-CEOs would discuss the strategy of how Deutsche Bank planned to meet the new regulatory requirements, what effect Basel III would have on the company's profitability, and what lines of business it would focus on going forward in a new banking environment. They also wanted to know more about the benefits of the 2010 majority stake investment in Postbank, a German commercial bank. In class, this discussion also allows for a broader examination of the universal bank model and the role of banks within society.

Organizational Justice and Employee Sustainability: The Mediating Role of Organizational Commitment

2020 ◽  
Vol 3 (3) ◽  
pp. 12-22
Author(s):  
Mehreen Fatima ◽  
Zeeshan Izhar ◽  
Zaheer Abbas Kazmi
Keyword(s):  
Organizational Commitment ◽  
Organizational Justice ◽  
Developing Country ◽  
Design Methodology ◽  
Direct Relationship ◽  
Banking Sector ◽  
Mediating Role ◽  
Research Gap ◽  
The Impact

Purpose- The primary purpose of the study is to determine the impact of organizational justice (OJ) on employee sustainability. Along with that, it also describes how organizational commitment mediates this direct relationship. This study includes all dimensions of OJ which are distributive, procedural and interactional (interpersonal & informational) within the context of a developing country (Pakistan). Design/Methodology- This study has considered employees working in the banking sector of Pakistan. Two hundred ten questionnaires were received back from employees. Regression analysis was used to analyze direct relationships between variables, while smart partial least squares (PLS) were used for mediation analysis. Findings- Results demonstrated that all hypothesis were accepted and it was also confirmed that organizational commitment (OC) mediates the direct relationship between OJ and employee sustainability (ES). Originality/value- Multidimensional construct of organizational justice was tested in this study, in the context of a developing country (Pakistan), to address the research gap.

Role of The Halal Industry in Recovering the National Economy in Covid-19 Pandemic

2020 ◽  
Vol 8 (2) ◽  
pp. 202-214
Author(s):  
Cucu Susilawati
Keyword(s):  
National Economy ◽  
Banking Sector ◽  
Developed Countries ◽  
Online News ◽  
Financial Industry ◽  
National Economic ◽  
Halal Food ◽  
Vigorous Growth ◽  
Business Sectors

The outbreak of the Covid-19 pandemic in Indonesia is attacking not only public health but also the economy. The presence of Covid-19 has many important impacts on developed countries. There are at least four industries most impacted by this pandemic, including households, MSMEs, companies and the financial industry. However, the halal industry is believed to be more resilient to the Covid-19 pandemic. This durability is because of the principles attributed to the halal sector, namely the importance of fairness, balance and openness. The author’s goal is therefore to carry out more in-depth research on the role of the halal industry in supporting the national economy, which is under pressure because of the COVID-19 pandemic. This type of study is a literature review with a material analysis approach that explores the conditions of the halal industry in Indonesia in depth. The material received is as books, published information, and online news. The findings of this study reveal that there are three halal business sectors that are believed to be more vulnerable to the Covid-19 pandemic in order to facilitate national economic recovery. Halal finance, halal food and halal fashion industries are among them. Halal finance from both the banking sector and the Islamic stock market has proved to be more robust than the mainstream financial sector. Besides guaranteed halal food, its wellbeing is also guaranteed, and halal fashion is now on the rise as Muslim fashion is increasingly innovative and global. We believe the three of them to have experienced vigorous growth, and also to continue to draw customers. And also after the Covid-19 pandemic, these three sectors could survive. Thus the halal industry also contributes to Indonesian economy.

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