THE CONCEPTUAL FRAMEWORK OF REGULATION OF SYSTEMICALLY
IMPORTANT BANKS
The article is dedicated to consideration of methodological approaches and practical aspects of regulation of systemically important banks (SIB) belonged to the national and the global levels. The article contains thorough examination of the Basel principles for building a system for regulation of activities of the systemically important banks at the global level. The author gives a list of the main documents of the Basel Committee regarding matters related to the identification and regulation of the systemically important banks. The article proposes a list of the global systemically important banks identified by the Basel Committee and the Financial Stability Board. The article discloses the additional requirements for equity aimed at supplemental coverage of losses of banks, which were identified by the Basel Committee and the Financial Stability Board as the global systemically important ones. The author has analyzed and systematized approaches to building regulation of the activity of the national SIB of different countries.
The article emphasizes the main stages of the process of identification of the systemically important banks. The author has described fundamental principles for dealing with the national systemically important banks that were proposed by the Basel Committee. The author has thoroughly analyzed the approaches to building a regulation system of the systemically important banks in different countries of the world, namely the USA, Canada, Germany, Sweden, the Netherlands, the Czech Republic, Denmark, India, and Australia. The researcher has taken notice of examination of advantages and disadvantages, which are inherent to the approaches for identification of the systemically important banks of different countries. The article comprises basic aspects of building the regulation of the activity of the systemically important banks in different regions. The author has analyzed building the regulation of the domestic systemically important banks in Ukraine.
Concluding results of the analysis of foreign and domestic experience concerning the regulation of the national systemically important banks, the author proposes recommendations on improvement of the identification and regulation of the activity of the national systemically important banks in the banking system of Ukraine.
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Keywords: systemic important bank, regulation and supervision, Basel Committee on Banking Supervision, Basel III, National Bank of Ukraine, regulation tools. |
MACROECONOMICS
Kyiak Andrii
PhD, Deputy Managing Director of the Deposit Guarantee Fund
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