Explain the changes made to Basel regulatory requirements relating to liquidity (NSFR and LCR) following the global financial crisis of 2007-8.

Q: s and limitations of the ‘Conce

A: Conceptual framework refers to the compiled set of details and processes used while preparing the…

Q: describe general requirements for fi nancial statements under International Financial Reporting…

A: The IFRS is general standards of financial reporting along with US and UK GAAP.

Q: a. Capital Adequacy is at the heart of BASEL II & II accords and Tier 1 & Tier 2 capital plays a…

A: Capital adequacy ratio is defined as the measurement of an availability of capital of the banks,…

Q: In an effort to keep up with the rapidly changing global financial markets, the FASB issued…

A: Derivatives: Derivatives are some financial instruments which are meant for managing risk and…

Q: The government normally sets the following to regulate the behavior of the players in the financial…

A: Government is the body which makes regulations or laws to control organization and to protect public…

Q: 0) Similarities between IFRS and U.S. GAAP requirements for balance sheet presentation include all…

A: The Statement of financial position is an essential requirement for the financial statement it is…

Q: Explain the problem of unknown risks for financial instruments in furthering the 2007-2009 financial…

A: Risk whose occurrence is unexpected i.e. which are not known in advance is known as unknown risk.…

Q: Evaluate Basel III and its implication on risk management of the financial institutions.

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: a) Calculate risk weighted assets. b) Does the bank satisfy capital requirements under Basel I? If…

A: a) Assets   Risk weight %   Cash 100 0 0 Government bonds 100 0 0 Secured mortgages 200 0 0…

Q: (a) Self-regulation, regulation by the government and regulation by a governmental agency are three…

A: Self regulation is to involve government and private oversight , It is the unique combination of…

Q: contrast cash fl ow statements prepared under International Financial Reporting Standards(IFRS) and…

A: There are two standards that guide the preparation of Financial Statements one is as per US GAAP and…

Q: Which of the following way to classify and measure financial instruments do you favor?  Justify your…

A: IFRS 9.

Q: Which of the following statements is true regarding STRIPS? O a) They are issued by the Treasury. O…

A: Strips: (Separate Trading of Registered interest and Principal of Securities) are debt securities…

Q: (a) Discuss the two opposite views towards regulating financial markets/institutions. (b) Discuss…

A: Commercial banks, investment banks, insurance companies, and brokerage firms are the most frequent…

Q: Regarding the 2007-09 Financial Crisis, answer the following questions:   Was this a systemic or a…

A: There are various types of risks such as systemic risk, non-systemic risk, systematic risk and…

Q: Contrast U.S. GAAP financial statement terms with their different IFRS terms.

A: U.S. GAAP, generally accepted accounting principles in the United States, are the measurement rules…

Q: Using the relevant financial securities and institutions, explain the chain of events which lead to…

A: The main reason behind the  financial crisis was the deregulation in the financial industry.

Q: International Financial Reporting Standards (IFRS) are:

A: The correct answer & explanation is as follows-

Q: Under Basel III and U.S. rules concerning the Capital Conservation Buffer, what will be the final…

A: The capital conservation buffer (CCoB) is a capital buffer equal to 2.5 percent of the total…

Q: The financial regulations in the usa and other developed countrues that preceded the 2008/9…

A: The great recession was the decline in the economy of the country. It was the period in the USA and…

Q: What are two differences between IFRS and U.S. GAAP with respect to the classification of financial…

A: Generally Accepted Accounting Principles (GAAP): Generally Accepted Accounting Principles are the…

Q: Which of the following provides liquidity to tradable financial securities in a countries financial…

A: Providing liquidity to financial securities in the economy plays an essential role in maintaining…

Q: Determine the impact that specific differences between IFRS and U.S. GAAP have on financial…

A: The distinctive points  are listed below: S. GAAP is only used in USA (United States of America),…

Q: how the federal reserve handled the 2008/9 financial crisis in the u.s?

A: A financial crisis refers to the situation when the value of financial assets of a country starts…

Q: What are some of the differences between International Financial Reporting Standards (IFRS) and U.S.…

A: BASIS IFRS U.S. GAAP Impairment losses Both of them allow for impairment losses but in few…

Q: What is the major difference between the approach of international financial reporting standards…

A: IFRS (International financial reporting standards) are issued by IASB (International accounting…

Q: With the on going crises, read and prepare to discuss the BSP's transparency mechanism under…

A: The action by the monetary authorities of a country to either expand or tighten the mkoney flow is…

Q: thorough explanation of the succesful and unsuccesful financial regulation that combat the 2008/9…

A: The financial crisis refers to the situation in which the value of a country's assets declines at a…

Q: International Financial Reporting Standards are gaining support around the globe. In 2007, the SEC…

A: IFRS (International Financial Reporting System) is gaining popularity and momentum across all the…

Q: Discuss the Basel disintermediated scenario and its impact on incumbent banks?

A: Better Bank: modernization of incumbent actors and digitalization The new bank: substituting…

Q: Compared to Basel II, Basel III capital adequacy regulation ______________.

A: Basel is a committee or framework for the banks. Its main purpose to increase the market discipline…

Q: Which of the following is a long term financial instrument? a. Certificate of deposit. O b.…

A: Funds based on period are: Short term funds Long term funds.

Q: What do you think the International Financial Reporting Standards (IFRS) are

A: Financial reporting:  (sometimes known as accounting) is the process of recording and disclosing…

Q: There is much speculation that prior to the recent banking crisis, the Federal Reserve System (the…

A: The banking crisis occurred as the bubble in the housing markets and the use of MBS (mortgage backed…

Q: What are the important key points of interim financial reporting PAS 34?

A: The important key points of interim financial reporting PAS 34 are as follows:- The objective of…

Q: Evaluation (Opinon) or conclusion, the factors that influence international differences in financial…

A: Financial reporting: It refers to the disclosure of financial statements that are released to…

Q: Discuss the use of liquidity ratios (in accordance to BASEL III) as a valid focus for international…

A: About BASEL:: The Basel Committee on Banking Supervision (BCBS ) is entrusted with the task of…

Balance Sheet Regulations

A balance sheet is a financial statement that shows the position of a company's assets and liabilities on a specific date. The balance sheet is prepared after preparing the statement of profit and loss statement (income statement). The balance sheet and other financial statements differ in the sense that the balance sheet shows the financial position at any given point in time. In contrast, the other financial statements show the financial performance over a particular duration.