Basel IV Rules: The Impact Upon Capital Markets and the Securities Finance Industry
The forthcoming Basel IV regulations present a large-scale challenge for the securities finance industry. A new paper by Credit Benchmark outlines the cost ramifications of new rules limiting banks’ use of internal rating models for RWA purposes and the introduction of 100% RWA for unrated obligors.
The purpose of this paper is to help raise awareness of these regulations, to highlight their potential impact and to issue a call to action.