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Rolle rückwärts zugunsten der Bankenindustrie – Die neuen Basler Regelungen für das Zinsänderungsrisiko im Anlagebuch

Author

Listed:
  • Pfingsten Andreas

    (Westfälische Wilhelms-Universität MünsterInstitut für Kreditwesen48143 MünsterUniversitätsstr. 14–16Germany)

  • Claußen Catharina

    (Westfälische Wilhelms-Universität MünsterInstitut für Kreditwesen48143 MünsterUniversitätsstr. 14–16Germany)

  • Maidl Christoph

    (Westfälische Wilhelms-Universität MünsterInstitut für Kreditwesen48143 MünsterUniversitätsstr. 14–16Germany)

  • Woyand Corinna

    (Westfälische Wilhelms-Universität MünsterInstitut für Kreditwesen48143 MünsterUniversitätsstr. 14–16Germany)

Abstract

Despite lasting low interest rates and correspondingly increased interest rate risk in the banking book, the revised Basel regulation published in April 2016 still does not impose capital requirements according to pillar 1 for this risk category. This ruling is not fully compatible with the objectives put forward in the preceding consultation phase and subject to criticism. The authors describe the altered regulatory standards and infer underlying motives. They point out weaknesses of the new regulation and discuss consequences for single institutions as well as for the financial system altogether.

Suggested Citation

  • Pfingsten Andreas & Claußen Catharina & Maidl Christoph & Woyand Corinna, 2017. "Rolle rückwärts zugunsten der Bankenindustrie – Die neuen Basler Regelungen für das Zinsänderungsrisiko im Anlagebuch," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 18(1), pages 86-96, April.
    • Handle: RePEc:bpj:pewipo:v:18:y:2017:i:1:p:86-96:n:5
    DOI: 10.1515/pwp-2017-0005
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    References listed on IDEAS

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    1. Froot, Kenneth A. & Stein, Jeremy C., 1998. "Risk management, capital budgeting, and capital structure policy for financial institutions: an integrated approach," Journal of Financial Economics, Elsevier, vol. 47(1), pages 55-82, January.
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    Keywords

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    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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