Chenguel, Mohamed Bechir; Mansour, Nadia - In: Finance, law, and the crisis of COVID-19 : an …, (pp. 89-106). 2022
bank still runs this risk of default, and to cover itself, banking establishments have to apply and comply with the new … the stability of the entire banking system. It is within this framework of prudential regulation that the Basel Agreements … prudential directives. These new credit risk management regulations were developed to avoid counterparty defaults and to ensure …