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The Basel Committee, Basel I and Basel II
2007In 1974, the German authorities ordered the immediate liquidation of Bankhaus Herstatt, a German commercial bank that, as a result of its closure, failed to deliver U.S. dollars to counterparties with whom it had previously struck foreign exchange deals.
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To Basel or not to Basel? Banking crises and contagion
Journal of Financial Regulation and Compliance, 2015Purpose – The purpose of this paper is to propose an object-oriented model of financial simulations which aims to test the applicability and suitability of the proposed measures of Basel III with respect to the prevention of banking crises. Design/methodology/approach
Aristeidis Samitas, Stathis Polyzos
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