ZackCipher256 on Nostr: Basel III is a set of international standards for bank regulation that aims to make ...
Basel III is a set of international standards for bank regulation that aims to make banks more resilient and reduce the likelihood of systemic failures. It requires banks to have higher capital, lower leverage, and more liquidity. However, some banks may struggle to comply with these rules, especially those with high leverage, risky assets, or unstable funding. Some of the most vulnerable banks are Deutsche Bank Germany), Banco Santander (Spain), and UniCredit(Italy).
Basel III was originally scheduled to be implemented from 2013 to 2015, but the timeline was extended several times due to the challenges and delays faced by banks and regulators.
Basel III is not expected to result in a debt jubilee, unless there is a major crisis or shock that forces such a drastic measure.
Basel III was originally scheduled to be implemented from 2013 to 2015, but the timeline was extended several times due to the challenges and delays faced by banks and regulators.
Basel III is not expected to result in a debt jubilee, unless there is a major crisis or shock that forces such a drastic measure.