Banks capital adequacy ratios were set globally, and, once set, remained fixed.

Similarly, banks would have incentives to game capital adequacy requirements by manipulating how capital and assets are defined.

None of the major banks met even the Basel 1 standards for capital adequacy.

There seems to be little appetite for proposals to vary capital adequacy requirements counter cyclically.

Moreover, the use of mechanistic rules to determine capital adequacy has also inadvertently encouraged systemic imprudence.

Since high risk premiums on government bonds endanger the capital adequacy of banks, half a solution is not enough.

The recent agreement by the Basel Committee on Banking Supervision on a new capital adequacy framework is another positive step.

For instance, we know that the global capital adequacy requirements produced by the Basel Committee reflect overwhelmingly the influence of large banks.

European banks, traditionally a major source of trade finance, have pulled back dramatically, owing to capital adequacy problems caused by sovereign debt capital losses and, in some cases, losses from real estate lending.

Regarding the banking sector, stress tests have been applied since 2004, and a target capital adequacy ratio of 12 has been maintained since 2006.

Indeed, ignorance about what is actually at risk makes debates about the right formula for capital buffers surreal. Moreover, the use of mechanistic rules to determine capital adequacy has also inadvertently encouraged systemic imprudence.

Furthermore, emerging international banking capital adequacy regulations (Basel II), make the credit risks rating of potential borrowers a condition for their access to bank loans.

There seems to be little appetite for proposals to vary capital adequacy requirements counter cyclically. This would enable capital buffers to be created in good years, which could then be drawn down in bad years.

Capital adequacy was a matter of judgment examiners would figure out how large a buffer a bank ought to have, taking into account its specific risks.

Many eurozone banks have made far less progress in strengthening their capital adequacy and liquidity than have American and British banks since the financial crisis erupted.

Haldane rightly complained that banking regulation has evolved from a small number of very specific guidelines to mind numbingly complicated statistical algorithms for measuring risk and capital adequacy.

Of course, some discussion of financial sector reform is taking place in a variety of forums, with a gradual consensus building around sliding or incremental capital adequacy rules.

(iii) Adequacy of sanctions (article 11)

They cannot raise much more capital during the crisis, so, in order to restore capital adequacy, they stop making new loans and call in their outstanding loans, thereby throwing the entire economy if not the entire global economy into a tailspin.

Even during the crisis, banks capital adequacy ratios were higher than the Basel II requirement of 8 , and their distribution of profits has been under the BRSA s close supervision since 2008.

Keeping those loans on the books would have meant that a bank would have had to incur a large capital adequacy provision and monitor the loans performance, at a cost to itself.

The Fund also actively monitors capital market developments, and is implementing a more systematic assessment of debt sustainability.

It hoped that, in his next report to the General Assembly, the Secretary General would provide an assessment of the adequacy of the proposed financial and human resources for the varied and sensitive tasks of UNPOS.

While seven percent of all owners were living below adequacy standards, only two percent of all owners were actually in core housing need while experiencing adequacy problems.

The Internal Audit Group of the Office of the Comptroller General provides independent and objective assessment of the rationale, adequacy, efficiency and effectiveness of all of UNIDO's operations, including regulations and rules, policies and procedures and processes.

And, if the BoE s Andrew Haldane is right that rising pressures in Asia threaten future turmoil, the West will regret its failure to entrench global capital adequacy and liquidity standards and a more transparent early warning system.

Any financial institution that is too big or too interconnected to fail, or could quickly become so, must be closely regulated and monitored for risk and capital adequacy in real time, or be broken up into smaller firms.

(d) Assessing the adequacy and effectiveness of internal and external audit services

During this process the continued adequacy of controls should be carefully considered.

(iii) Technical material (non recurrent) assessment documents, including those for the Working Capital Fund, regular budget, peacekeeping operations and International Tribunals (24)

Moreover, the restrictions themselves fail to comply with the proportionality and adequacy test.

Though somewhat worse off, renters followed a similar pattern while nine percent of all renters were living below adequacy standards, only four percent of all renters were actually in core housing need and experiencing adequacy problems.

The aim of the assessment was to identify events actions representing risks that could prevent UNHCR's achievement of the project objectives including its timely and effective completion. It also evaluated the adequacy and effectiveness of the systems and controls established for the tsunami relief operation.

9. Stresses the need for establishing sufficient cash flow for the purpose of the capital master plan, based on a practical and predictable assessment plan

Of all households in core housing need, 75 percent had only affordability problems, 16 percent had affordability problems combined with suitability and or adequacy problems, while a further nine percent experienced either suitability and or adequacy problems.

Current ultra low interest rates may be scaring people about the adequacy of future income.

Cluster munitions a need to further examine IHL implementation and the adequacy of the law

The adequacy of resources and staffing level is a management issue, not a financial one.

The second most frequently cited problem for people in core housing need in 2001 related to adequacy.

To investigate the adequacy of policies and the legislation, including regulations for the implementation of agrarian policies.

The Board will keep this matter under review to assess the adequacy of current treasury forecasting requirements.

That delegation encouraged Member States to carefully consider the notification processes in their countries to ensure their adequacy.

The Joint Inspection Unit proposed that that preliminary step should include an assessment of the adequacy of resources allocated to the achievement of results to allow for better alignment between resources and results, a linkage which has been shown to be critical to the full implementation of results based management.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

Assessment