The basic idea here is to multiply the  BIS Review 72/2009  7  capital adequacy ratios with a systemic risk factor. Better measures of macro-prudential risk are to be found. It is argued that leverage ratios, maturity mismatch and estimates of bank credit expansion should be taken into account.
Njuguna Ndung’u: East Africa – focus on risk, corporate governance, anti-money laundering and other challenges Remarks by Prof Njuguna Ndung’u, Governor of the Central Bank of Kenya, at the East Africa Risk and Governance Summit, Nairobi, 13 May 2014.