The disagreement between bankers, finance ministers, and the Basel Committee which regulates banks, continues.
Basel III is the post-financial crisis regulatory framework which forces banks to hold much higher levels of capital, to ensure that they can maintain liquidity in the event of another crisis. Disgruntled bankers insist that the Committee’s latest proposals amount to “Basel IV”. The Committee denies this and describes what it is doing as simply a “recalibration” of Basel III.
France and the USA oppose further circumscriptions