Reforming global bank capital requirements: What does it mean for Europe?, Luxembourg

Luxemburg stad
© Liesbeth Weijs
date November 25, 2016 12:30 - 16:00
city Luxembourg, Luxembourg
location European Parliament Place du Luxembourg Show location
organisation Centre for European Policy Studies (CEPS)

Economy and Finance

E

CEPS-IRCCF HEC Montreal High-Level Seminar

Global standards for bank capital requirements are being revised again, just as the latest version (Basel III) of global capital requirements is being phased in throughout the EU and other jurisdictions. Some of the revisions, namely those concerning market risk requirements and the treatment of securitisation, were already expected. The Basel III accord, agreed in the midst of the global financial crisis in 2010, contained certain quick-fixes that were less sophisticated than the remainder of the standards.

These anticipated revisions are complimented by measures that try to address the large divergence in internal models that banks may use to calibrate the capital requirements. On the one hand, supervisors want to make the simpler standardised approach a more credible alternative to the internal models based approach, on the other hand it tries to reduce the differences between the models with a more restrictive capital floor. The revisions could have considerable consequences for banks’ capital requirements. They are therefore sometimes referred to as ‘Basel IV’.

This High-Level Seminar will discuss the recent proposals and outstanding reforms of the Basel Committee, and will consider the following questions: Do the proposals address the right issues, and do they go far enough, or even too far? How will they impact Europe’s banks, economy, and society? How will they be transposed in the EU, and if so, will the Basel standards be applied to all banks, or only to the globally significant banks for which they have been designed?

For more information please send an email to maarja.kuusik@ceps.eu

25

November 2016

Friday

12:30-16:00

Fee information

Speakers

Ulrik Nødgaard

CEO, Danish Bankers Association

Adrian Blundell-Wignall

Director, Organisation for Economic Co-operation and Development (OECD)

Christian Stiefmüller

Senior Policy Analyst, Finance Watch

Chair

Philippe Lamberts

Co-Chair for the Greens/European Free Alliance, European Parliament

Reforming global bank capital requirements: What does it mean for Europe?

Contact:

Maarja Kuusik

Organiser:

Karel Lannoo

25

November 2016

Friday

12:30-16:00

European Parliament

Place du Luxembourg


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