kaal:claim:3405660-039

Because the Basel Framework applies on a consolidated basis to the holding companies of banking groups, it captures risks across the whole group and so addresses the complex structures that defeat prudential supervision.

Source quote, verbatim

The Basel Framework is extended on a consolidated basis to holding companies of banking groups in order to ensure that risks within the entire banking group are considered.

From

Kaal, Indirect Regulation of Hedge Funds (2019), V. Conclusion, p. 27
https://ssrn.com/abstract=3405660 · source PDF

Cite as

Kaal, Indirect Regulation of Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3405660

Classification

mechanismsupport: arguedsystemic-risk

Verify

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