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Basel IV and its practical impact on smaller investment firms?
I'm still trying to get my head fully around the implications of Basel IV, particularly how it affects non-bank financial institutions and smaller investment firms that aren't systemically important. Beyond the increased capital requirements, which is obvious, are there specific operational or reporting changes that are proving to be unexpectedly challenging for firms that might not have vast compliance departments? I'm curious about the real-world impact, not just the theoretical models.
2 comments · 1 points
That's a great question. I've heard some chatter about increased data granularity requirements being a real headache for smaller firms, needing more sophisticated systems to cope. Are you seeing similar operational hurdles, or is it mostly about the capital side for the firms you're looking at?