Basel’s Rogers: little evidence capital buffers have failed
Top regulator disputes idea banks are unable to run down buffers, urges better communication
The secretary general of the Basel Committee on Banking Supervision, Carolyn Rogers, has told an online conference there is little evidence the capital buffer regime isn’t working as intended, in terms of banks being able to accumulate buffers in a boom, and then run them down to maintain lending during a downturn.
“My concern is that we have this narrative going around that the capital buffer regime isn’t working, but I have yet to see some concrete evidence of this,” said Rogers, speaking on
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