Petro dollar, finances & some bullshit and how it affects our fake monies
Basel III Endgame what is it:
From the article:
Among the major changes, the regulators would:
Apply the stiffest risk-based capital approach to more banks, those with $100 billion or more of assets, up from the current threshold of $700 billion. Some 37 large banks in the U.S. would be covered; they hold more than three-quarters of all bank assets in the U.S. Community banks and smaller regional banks wouldn’t be affected.
Reduce the ability of banks to use their own models for calculating capital requirements for loans and instead require them to use a standard measure.
Require banks to have more capital for risks posed by trading activities and by operations; require them to use standard models instead of internal ones to gauge these risks. These elements account for the bulk of the proposed increase in required capital.
Require any bank with assets of $100 billion or more to reflect in their capital calculations any gains and losses in portfolios deemed “available for sale,” as opposed to securities the bank plans to hold until maturity.
Sauce:
https://www.brookings.edu/articles/what-is-bank-capital-what-is-the-basel-iii-endgame/
Basel III
Sauce:
https://www.bis.org/bcbs/basel3.htm
The affect of This shit on big banks in the USA:
18 page of regulations
Sauce:
https://www.govinfo.gov/content/pkg/FR-2023-09-01/pdf/2023-16896.pdf
Anon phonefagging, can’t embed