Euromoney (March Issue)
2015/ 03/ 17 by jd in Global News
“As Basel III was an admission that Basel II got things wrong, Basel IV is a clear recognition that there is much that is wrong with Basel III.” Judging from their reactions, bankers aren’t terribly excited about proposals that would among other things, “restrict banks’ use of internal models to determine their capital requirements and to limit their freedom to measure risk.”
Tags: Bankers, Basel III, Basel IV, Capital requirements, Freedom, Internal models, Proposals, Risk