Capital, Prudential

Basel Committee finds Basel III has boosted resilience of previously weak banks

By Justin Pugsley
In its third evaluation report on the global crisis financial reforms, the Basel Committee on Banking Supervision said bank resilience has increased with even greater strides seen from firms most impacted by the reforms helping to reduce systemic risk. 

The report, published on December 14, is also the Committee’s first holistic evaluation of the impact and efficacy of the Basel III reforms. One of the report’s main findings was that this greater resilience actually decreased the cost of capital for banks. This was particularly the case for institutions that ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

AI stress tests
AI, Analysis
May 28, 2024

BoE mulls new stress-tests models to tackle AI ‘monsters in the deep’ 

AI-driven learning algorithms could raise market system-wide concerns, warns BoE report
Read more