voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2016-2-77-93voprecotest-164Research ArticleФИНАНСОВАЯ ЭКОНОМИКАFINANCIAL ECONOMICSБазель III: в поисках критериев и сценариев успеха реформы банковского регулированияBasel III: In quest for criteria and scenarios of the banking regulation reform advancementДжагитянЭ. П.DzhagityanE.

к. э. н., MBA., ведущий научный сотрудник Центра исследований международных экономических отношений, доцент кафедры «Мировые финансы» Финансового университета при Правительстве РФ (Москва)

dzhagityan@gmail.comФинансовый университет при Правительстве РФРоссияFinancial University under the Government of the Russian FederationRussian Federation201620022016027793Copyright © Voprosy Ekonomiki, NP, 20162016Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/164

В статье рассмотрены некоторые последствия международной реформы банковского регулирования, известной как Базель III, для финансовых институтов. Выявлено, что новые стандарты капитала неизбежно приведут к снижению его доходности, при этом посткризисное восстановление банковского сектора может оказаться под угрозой. В связи с этим стрессоустойчивость системообразующих банков может быть обеспечена при условии мобилизации внутренних резервов и снижения риска на микроуровне за счет внедрения макропруденциального регулирования. Соответствующие выводы и предложения сформулированы для реформы банковского регулирования в России и формирования системы банковского регулирования в ЕАЭС.

The article looks into the spillover effect of the sweeping overhaul of financial regulation, also known as Basel III, for credit institutions. We found that new standards of capital adequacy will inevitably put downward pressure on ROE that in turn will further diminish post-crisis recovery of the banking industry. Under these circumstances, resilience of systemically important banks could be maintained through cost optimization, repricing, and return to homogeneity of their operating models, while application of macroprudential regulation by embedding it into new regulatory paradigm would minimize the effect of risk multiplication at micro level. Based on the research we develop recommendations for financial regulatory reform in Russia and for shaping integrated banking regulation in the Eurasian Economic Union (EAEU).

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The authors declare that there are no conflicts of interest present.