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--- 0_public:regulations:basel [2024/12/23 12:42] – ↷ Page moved from regulations:basel to 0_public:regulations:basel pointnm
+++ 0_public:regulations:basel [2025/01/21 21:05] (current) – [Basel 4 / 3.1] pointnm
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 ====== Basel ======
+The group was established in 2007 to fill the credit gap after the introduction of Basel II & III caused banks to withdraw from lending in emerging markets. Today Scipion’s in-house team of 18 investment, operational management and legal experts offers SMEs a one-stop solution to their financing requirements.
 ==== Basel I ====
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 As the year draws to a close, many bankers are preparing – in some cases anxiously – for the <wrap hi>start date of Basel 4 in the EU on January 1, 2025 (known as Basel 3.1 in the UK)</wrap>.((2024))
+The Basel 3.1 regime, which <wrap hi>went into effect on 1 January (2025) in the EU</wrap>, would likely <wrap hi>affect the capital requirements of credit insurance providers, while keeping standards for trade finance largely the same</wrap>.((https://archive.ph/Y0dnn#selection-2371.0-2378.0))
+Basel 3.1 is a <wrap hi>set of regulations intended to increase the amount of equity kept by banks in order to make them more resilient to times of stress and avoid the bailouts and collapses of 2008</wrap>. The announcement of the regulations by the US Federal Reserve in 2023 faced a strong backlash from the US banking sector, leading the American regulator to announce less restrictive standards and delay setting a timeline for their implementation. The PRA also modified the rules to reduce the burden on banks and financial institutions last year.((https://archive.ph/Y0dnn#selection-2381.0-2386.0))