The Basel Committee introduced Basel III framework in the aftermath of global financial crises. It focused on improving resilience of the banking system by introducing measures such as increased capital requirements, minimum leverage ratio requirement and capital buffers. Basel IV, or the finalized Basel III reforms, further strengthens the global regulatory framework by enhanc...
READThe financial industry is rattled by events of the past week. It should come as no surprise since the demise of Silicon Valley Bank (SVB) ranks as the 2nd-biggest bank failure in U.S history. It instantly brought back memories of global financial crisis, especially what unfolded in the aftermath of the collapse of Lehman Brothers. Scarred by those events, the distress was visib...
READTHE CLIENT: A central bank in EMEA The tightening of financial conditions stemming from rising interest rates and the appreciating U.S. dollar viz-a-viz other currencies has introduced challenges for central banks, particularly on the financial stability front. [1] Add concerns about a potential recession, and central banks have a lot to handle with supervision and stability me...
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