|Event Date||Wed Feb 9 EST (in 16 days)|
Thought Leadership Webinar: As in many areas of international law, the virus of fragmentation has now permeated the zeitgeist of international banking regulation. As a result, one of the largest pieces of regulation, the Basel III framework, hangs in the balance as it awaits implementation. This study assesses the financial sectors of both developed and emerging economies with an aim to determine which countries are more likely to spread the virus so that it can be stopped before becoming a pandemic. We find that a specific set of countries are most likely to do just that. Join us to find out who they are!
This webinar explores the drivers of the fragmentation inherent within it from a timeliness perspective to support policymakers in tackling the threat. Building on the existing relationship between fragmentation and the balance of power across countries, our main contribution is to uncover the factors which have a greater incidence on a country's ability to apply international banking regulation in a timely fashion. Using BCBS data along with idiosyncratic indicators reflecting the member countries' power standing on the global stage, we build a model to explain the likelihood of adoption across 27 of the most important market players, accounting for 90% of worldwide banking assets.
Head of CRO Change Regulatory Risk Management, Credit Suisse