The Basel Committee on Banking Supervision today issued a third report on its evaluation of the impact and effectiveness of implemented Basel reforms. Evaluation of the impact and efficacy of Basel III reforms sets out the Committee’s first holistic evaluation of how the reforms have affected bank resilience and systemic risk as well as assessing the possible negative side effects on banks’ lending and capital costs. The report also investigates how the different elements of the reforms have interacted, and assesses the framework’s regulatory complexity

This information was gathered from the Bank for International Settlements