Activation of Innovation Processes in Banks as a Result of the Implementation of Basic Basel Accord Provisions
Activation of Innovation Processes in Banks as a Result of the Implementation of Basic Basel Accord Provisions

Summary/Abstract: Changes in banking regulation and control, inherent in the Basel Accord provisions, are one of the sources of innovation in banks. Any changes, both inside and outside an organization, provide business entities with a number of opportunities for further development. In this context, analysis and study of the prospects offered by the introduction of new Basel II, 2.5 and III provisions hold particular importance and relevance. This article provides an overview of the changes in banking regulation, and shows their impact on innovative reforms in the banking sector.

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