Web proceedings papers

Authors

Ana Savic , Nenad Kojic and Nikola Slavkovic

Abstract

Basel III is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, super- vision and risk management of the banking sector. These measures aim to im- prove the banking sector's ability to absorb shocks arising from financial and economic stress, whatever the source and to improve risk management and go- vernance. It was supposed to be introduced from 2013 until 2015, but the im- plementation was extended until 31 March 2018. Basel III was developed as a response to inefficiencies in financial sector and the late-2000s financial crisis.

Keywords

Artificial neural network, Back propagation NN, Basel III, banking risk, risk prediction.