The session will seek to identify the most challenging reforms featured in the final Basel III package that the EU is now implementing, assess the sources of discrepancy regarding the anticipated amount of regulatory capital that most impacted EU banks would have to raise, the societal and economic benefits of addressing outstanding structural flaws in the banking system and safeguarding global financial stability, and finally discuss the possible avenues to implement remaining reforms, and their positives and negatives.
Points of discussion
- What are the most challenging reforms featured in the final Basel III package the EU is now implementing? What is at stake for each of these reforms regarding financial stability and adequate provision of financing of the EU economy by banks and the EU banking landscape?
- What is the actual amount of additional bank capital required from EU banks to comply with these Basel additional reforms? What are the possible avenues to implement remaining reforms, and their positives and negative?