02
Feb
Ernst & Young -
The approval of Basel III regulations resolves many key banking issues and provides some degree of certainty for the future of capital and liquidity requirements. However, increased fragmentation is expected as banks implement their own versions of reforms.
Banks face continued pressure to keep pace with new technologies and respond to challenges and opportunities posed by disruptors to traditional banking models, such as new entrants, open banking and a central bank digital currency (CBDC).
Tighter investor and supervisory...