The Impact of New Banking Regulation on Firms' Financing Conditions and on Real Activity KU Leuven
The global financial crisis of 2007-2009 and the sovereign debt crisis in Europe have introduced a set of new banking regulations. Next to the new Basel III regulation imposing higher capital and liquidity requirements on all banks, additional regulation is adopted that contains specific requirements for systemically important financial institutions (SIFIs). SIFIs are financial institutions that are considered to be of systemic relevance. ...