Article Writing Homework Help

I need help creating a thesis and an outline on Finacial Service Management, Risk and Regluation. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. It was because of these reasons that regulations like BASEL II, Sarbanes Oxley, and The European Commissions Financial Services Action Plan were enforced to rationalize and revamp the existing regulatory framework.

The essay will look into some of the benefits which these regulations will be provided to the various institutions as well as all stakeholders provided they are implemented and executed in their true sense.

The advent of BASEL II is the turning point in the field of Banking as it demands complete transparency and a rational approach towards making banking more risk-sensitive. BASEL II prompted me to look for this new and exciting avenue of Financial Risk Management as it not only involved a more prudent approach towards banking but it also demands a transparent and flexible banking structure to be in place to effectively manage the interests of various stakeholders in the banking sector.

The principals of risk management suggest that the credit providing institutions must maintain a minimum level of financial capital in order to sustain the various risk shocks to which they are exposed to. The basic aim of this approach is to ensure that the banks and financial institutions must maintain financial soundness and retain consumer confidence in order to ensure the stability of the financial system and protect the interests of the deposit holders. With these perspectives in mind, Bank of International Settlement formed a Basel Committee on Banking Supervision in 1974 to provide a comprehensive forum for dealing with banking matters of such magnitude. The Basel Committee is made up of senior officials responsible for banking supervision or financial stability issues in central banks and other authorities in charge of the prudential supervision of banking businesses. Members of the Basel Committee come from Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, the UK, and the US.