Abstract
The Russian Federation has formed the foundation for the full implementation of Basel III recommendations in the Russian banking system. However, this process is not yet complete, due to both subjective and objective reasons. The article analyzes the objective reasons for the postponement of the full implementation of the Basel III principles due to the COVID-19 pandemic. The features of the introduction into Russian practice of procedures and approaches for calculating the indicator and ratio of short-term liquidity, as well as assessing operational risks. On the basis of the analysis carried out, recommendations for improving banking legislation are given.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.