%0 Thesis %A LEE, ALEX KAE LUN %D 2019 %T Basel III Capital Accord Implementation: Impacts and Implications on Banking System Stability %U https://bridges.monash.edu/articles/thesis/Basel_III_Capital_Accord_Implementation_Impacts_and_Implications_on_Banking_System_Stability/9987950 %R 10.26180/5da9328b0b06d %K BASEL III %K Capital adequacy %K Stress test %K Banking, Finance and Investment not elsewhere classified %K Financial Economics %K Financial Institutions (incl. Banking) %X The 2010 Basel III Capital Accord aims to strengthen banks’ capital adequacy. The Basel Committee on Banking Supervision proposed refined definitions of the three capital tiers, increased the minimum risk-weighted capital requirements, and introduced a capital conservation buffer and a counter-cyclical buffer. These proposals aim to raise the banks’ higher-quality capital and improve the banks’ ability to withstand financial shocks. This study explores the impacts of Basel III’s implementation by assessing: (1) change in bank lending, (2) change in bank solvency from banks’ risk-taking, and (3) change in the banks’ resilience to adverse stress scenarios from higher capital requirements. %I Monash University