Banking Seminar
-Basel II has been a much-discussed process, and the overall design of the new regulatory framework has largely been finalized. The potential effects of the new framework have also been discussed at length. However, the question of available alternatives in corporate finance and their actual use still remains unanswered. This year's Banking Seminar in Alpbach will examine this question as well as other issues.
The functions of banks (which may be subject to redefinition) and the risk-based control of new corporate finance models are closely linked to regulatory issues: How should this process continue at the European level? Will there be a single retail market for banks? Will regulatory activity continue to increase despite deregulation? What about the relationship between the costs and benefits of regulation? These questions will also be discussed at the Alpbach Banking Seminar in 2005.