Understanding the Financial Crisis and the response of the Basel Accords is an essential strategy in today's international business and in particular in the aspect of banking law. The financial crisis 2007-2009 will not be forgotten in a hurry because of its impact on the global financial system almost replicating the Great Depression. This book focuses on the Financial Crisis of 2007-2009 and the response of the Basel Accords, in particular Basel III in containing the crisis. It is worthy to note that the Financial Crisis is as old as the financial market itself and there will always be an evolving need to establish banking regulations in the form of Basel Accords to contain the crisis because of the uncertainties that lie ahead. This book will be useful to students of International Business Law, in particular banking law, financial institutions, financial regulators, international business owners and any person interested in understanding the financial crisis as an aspect of banking law.
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