Assessing the Cost of Financial Regulation

Assessing the Cost of Financial Regulation

4.11 - 1251 ratings - Source

This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and higher taxes and fees. Overall, average lending rates in the base case would rise by 18 bps in Europe, 8 bps in Japan, and 28 bps in the United States. These results are similar to the official BIS assessments of Basel III and an OECD analysis, but lower as a result of including expense cuts and reductions in the returns required by investors. As a result, they are markedly lower than those of the IIF.... Popular Espafiol Bank of Ireland Barclays BBVA BMPS BNP BPCE Commerzbank Credit Agricole Group Credit Suisse Deutsche Bank ... and Switzerland) and brokersa#39; activity in France and exit from leasing non-core activities (real estate leasing, specific asset leasing, etc.) ... Mitigation consisting of selling Kredyt Bank and Wart in Poland, limiting international lending and capital market activities (saleanbsp;...

Title:Assessing the Cost of Financial Regulation
Author:Douglas Elliott, Mr. Andre Santos
Publisher:International Monetary Fund - 2012-10-09


You Must CONTINUE and create a free account to access unlimited downloads & streaming