Abstract

Israeli banks have been subject to capital adequacy requirements since 1935. The original Basel Accord required Israeli regulators to tighten the existing requirements imposed upon the nation's banks, and the Basel II Accord extended this process. The Israeli regulators have given significant weight to the guidelines of the Accords and are in the process of implementing them. This article addresses the ramifications of Basel II on the Israeli banking system and explores the steps being taken by Israeli regulators to conform to international banking standards.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

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.