Levy-Garboua, V.; Maarek, G. - In: Financial Stability Review (2014) 18, pp. 207-216
The new prudential regulations known as Basel III, introduced in the aftermath of the financial crisis, place four (actually five, in practice) new constraints on banks. These are a solvency ratio, three liquidity constraints and a leverage ratio. The purpose of this regulatory straitjacket is...