01839cas a2200253 a 4500 AALejournalIMF014699 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498382472 1018-5941 BD-DhAAL BD-DhAAL Fullenkamp, Connel. Reconsidering Bank Capital Regulation : A New Combination of Rules, Regulators, and Market Discipline / Connel Fullenkamp, Celine Rochon. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Despite revisions to bank capital standards, fundamental shortcomings remain: the rules for setting capital requirements need to be simpler, and resolution should be an essential part of the capital requirement framework.We propose a new system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only common equity should be recognized as capital for regulatory purposes, and risk weighting of assets should be abandoned; capital requirements should be assigned on an institution-by-institution basis according to a regulatory (s,S) approach developed in the paper; a standard for prompt, corrective action is incorporated into the (s,S) approach. Mode of access: Internet Rochon, Celine. IMF Working Papers; Working Paper ; No. 2014/169 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/169/001.2014.issue-169-en.xml IMF e-Library