New projections on economic impact of Basel III at odds with IIF estimate
Analysis by the Macroeconomic Assessment Group shows a smaller impact from higher capital ratios than an earlier industry report.
A major difference of opinion between regulators and industry analysts on the possible economic impact of the Basel III capital and liquidity reforms has left banks uncertain about the potential implications of the regulations for both the financial sector and the wider economy.
The Basel Committee on Banking Supervision and the Financial Stability Board (FSB) published two lengthy reports on the subject on August 18, but their estimates of the impact on GDP are more than eight times less than
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