WHAT WAS THE ROLE OF THE SUPERVISORY COMMITTEE RECOMMENDATIONS FOR CREDIT INSTITUTIONS AND THE REQUIREMENTS OF BASEL III
The economic downturn and financial crisis has negative impacted the European banking system, which determined the Basel Committee on Banking Supervision, after the implementation of "Basel I and Basel II", to conduct a new series of recommendations.The economic crisis has affected all types HID Replacements banking products and services, all models of supervision and all evaluation methods known.Credit institutions innovations, on the ease of promoting new products and services, Food Service:Bar absence amid of high quality capital who can absorb losses in the limit of liquidity, led to a deadlock on lending activity.Supervisory Committee appointed by the new "Basel III" recommendations, requires the introduction of minimum global standards for measuring and monitoring liquidity risk and also requires banks to triple quality capital reserve by 2015-2019, up to a 7% capital adequacy.