THE CURRENT STAGE OF BASEL III APPLICATION AND ITS CONSEQUENCE ON FINANCIAL STABILITY: EVIDENCE FROM KOSOVO

The study aims to explore the divergences around implementation of Basel III agreement, since this agreement is considered core international regulatory response financial crisis, setting strictest criteria for capital structure and risk assessment. This paper explains current level legislation that applies in Kosovo, as well possible with set by III. It argued national authority, explicitly CBK, decide on III, had agree three aspects potentially conflicting between them: stability banking sector, competition, care economic growth. Finally, concluded Kosovo implementing regulations greater ease attention, contributing sector stability, competitiveness,