The Basel Accords and their Consequences for the Economy

The French Banking Federation has published a memo on the Basel Accords and their consequences on financing the economy.

French banks are not opposed to regulation, they want it to be tailored and take into account different banking models.

They have implemented all prudential measures aimed at ensuring the stability of the global banking system and ensuring effective control of banks. In particular, they developed, at the request of the supervisor, internal risk assessment models that proved successful during the financial crisis.