Impacts of Basel III on EU financial activities
Day 2 Afternoon
Thursday 12 September
Fennia II - Roundtable
Objectives of the session
Before the EU Commission launches later in 2019, another round of public consultations regarding the content of the latest Basel III banking package, the session is dedicated to clarifying:
- The added value and magnitude of impact, of each feature of the revised bank prudential framework (risk sensitivity, etc…), notably after the significant effort provided in the EU through the TRIM project.
- The likely consequences notably for the ability of the different types of EU banks to finance the EU economy, taking into account the specificities of EU financing mechanisms.
- The possible policy priorities to achieve an appropriate implementation of the final Basel III reforms in the global context.
Points of discussion
What are the specific impacts in the EU and globally, expected from the new architecture of the bank prudential framework as adjusted by final Basel III reforms? What are the leading factors of theses impacts?
What is the added value of the latest Basel III reforms in the context of the TRIM exercise completed by the SSM? Is the Basel Framework still a risk-based framework?
What are the likely consequences of the regulatory evolutions introduced by the final Basel III reforms in terms of bank behaviour, financing cost…? How do these reforms fit with EU banking and economic priorities?
What are the possible policy priorities and the relevant legislative path required to appropriately implement the final Basel III reforms in the EU in the global context?