Basel III is a set of internationally agreed measures that… Basel Committee on Banking Supervision developed in response to the 2007-2009 financial crisis, with the aim of strengthening bank regulation, supervision and risk management. The members of the committee are the central banks, which monitor compliance with the rules.
Each country decides how to apply the committee’s measures and the rules set by the central bank USAthe Federal Reserve (Fed)according to the company, are stricter than the European ones when it comes to the way in which risk capital, market capital, credit capital and operational risk are calculated.
The company believes that the new regulations can lead to American banks reconsider your capital allocation international entities.
If so, about half of the income will be lost for the banks USA would go to non-US banks, especially European ones, “given their current size and capabilities”, the company clarifies.
The other half of the value migration would concern non-bank financial institutions, such as investment funds. credit private and providers of liquidity non-banking.
Source: El heraldo

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.