Disclosure Of Information And The Exemption From Disclosure For Credit Institutions
Public presentation of information is supported by the existence of accounting standards and by an appropriate qualitative methodology presentation and requires publication of relevant qualitative and quantitative information from the annual financial statements, which are often supplemented by half-yearly or quarterly financial statements and other important information. Certainly, the adoption of internationally accepted accounting standards was a necessary measure to facilitate transparency and correct interpretation of financial statements. Also in order to ensure greater transparency in the banking system, efforts have been made also by the Basel Committee, which is regulated under Basel II, third pillar "Banking discipline." Pillar III requires banks an increased transparency, being created to allow the banking system to have better representation of the general situation of the bank, in terms of total exposed risk . For this reason, credit institutions are required to provide both supervisors and the public detailed information on qualitative and quantitative involved risks, capital and risk management policies and procedures. In this article we intend to investigate what information that banks publish.
Volume (Year): 12 (2012)
Issue (Month): 1(15) (June)
|Contact details of provider:|| Postal: |
Phone: +40 230 522978
Fax: +40 230 216147
Web page: http://www.seap.usv.ro
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:scm:usvaep:v:12:y:2012:i:1(15):p:190-194. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Liviu Scutariu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.