English
The purpose of this article is to sum up the impact of regulatory requirementsfor transparency for banks, focusing on the implementation of Basel'srequirements in developing and emerging countries. We show how an increasedtransparency implies a rise in associated cost. However, as the increasedtransparency can also reduce capital requirements, the net effect is ambiguous,and shown to depend upon the institional context.
Keywords
- transparency
- banks
- profits
- capital requirements
- market discipline
- emerging countries
