The Financial Stability Board (FSB) and Basel Committee on Banking Supervision (BCBS) published reports prepared as inputs to the calibration of the new bank capital and Liquidity standards and to inform the transition arrangements for implementation of the new standards. The two reports are An assessment of the long-term economic impact of stronger capital and Liquidity requirements, prepared by the Basel Committee, and Assessing the macroeconomic impact of the transition to stronger capital and Liquidity requirements, the interim report of the joint FSB-BCBS Macroeconomic Assessment Group (MAG). Together, the two reports provide an assessment of both the net economic impact of stronger capital and Liquidity reforms once implementation is complete and the macroeconomic implications during...
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