Three essays on the implemetation process of the Basel II capital accord

Valerio Novembre
The aim of the thesis is to analyze the implementation process of Basel II so to understand whether and to what extent national discrepancies might cause problems of competitive neutrality and thus invalidate the significant level of harmonization in capital adequacy regulation which was successfully achieved by Basel I. To achieve this result, this work looks at three different issues. The first paper looks at the negotiation process of an international soft law agreement and...