Assessing the Cost of Financial Regulation

Author/creator Elliott, Douglas Author
Other author Santos, Andre Author
Format Electronic
Publication InfoWashington : International Monetary Fund
Description80 p.
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation 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.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781475511994
ISBN147551199X (E-Book) Active Record
Stock number00013468

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