what does mean by market discipline in the third piller of Basel Norms 2 ...?
Answers
Answered by
4
he New Basel Capital Accord is based around three complementary elements or "pillars". Pillar 3recognises that market discipline has the potential to reinforce minimum capital standards (Pillar 1) and the supervisory review process (Pillar 2), and so promote safety and soundness in banks and financial systems
s7388:
i asked only means of market discipline. i know rest of the two piller and their meaning.
kindly do not copy from net. i want to understand in simple language. also i can read about market discipline from internet.
Similar questions