CONSIDERATIONS REGARDING THE APPLICATION OF THE INTERNATIONAL REGULATION STANDARDS IN THE ROMANIAN BANKING SYSTEM – BASEL III

Abstract

According to the specialized literature, the organization and operation of the Romanian banking system were presented in this work, having the scope to establish if the NBR’s role (the National Bank of Romania) is in accordance with the scope of the regulation standards required by Basel III, respectively the financial stability and if the commercial banks have the capacity to implement the regulation standards. The main requirements of the regulation standards that any bank must implement in every country, as well as the way in which the implementation of these standards in every country is followed, are synthetically exposed. The results indicate the requirements which will be harder and harder to be implemented, especially by the smaller banks (evaluated according to the criterion of the level of the assets – the market share).

Keywords

• banking system
• standards
• regulations
• international framework