Basel IV และผลกระทบในทางปฏิบัติสำหรับกองทุนขนาดเล็ก

For smaller funds, the 'trickle-down' is usually about increased capital requirements from your own lenders, who are directly impacted by Basel IV. It means higher funding costs for you, not just competitive disadvantage.

Ah, Basel IV, the gift that keeps on giving... mostly to compliance departments, it seems. For smaller funds, it often feels like we're just waiting to see which 'trickle-down' effect hits us first, usually disguised as a new 'best practice' from our prime brokers that coincidentally makes their lives easier. Competitive disadvantage in lending is definitely a big one, but I'm also bracing for the inevitable push for more granular data reporting, even if it's not strictly required by law.