In light of the upcoming EU implementation of the Final Basel III Standard and the potential impact of the COVID-19 crisis, Copenhagen Economics published a report to assess the impact of the reform on the EU banking sector and the real economy.
Findings show that an alternative to the European Banking Authority’s (EBA) main guidelines for implementation could reduce the increase in capital requirements and limit the net societal costs. This would bring the impact of the package more in line with economic considerations, the G20 mandate as well as the structures of the European banking and corporate sector.
copenhagen-economics_eu-implementation-of-the-final-basel-iii
