Bank capital regulation seems to be today's most accepted regulatory instrument. The reasoning is that limited liability and deposit insurance appear to give banks incentives for excessive risk-taking. Capital requirements can alleviate this problem as banks are obliged to hold more capital...

This presentation highlights developments which have occurred in particular with leverage ratios – and particularly with respect to supplementary leverage ratios. It also incorporates consequences – both intended and unintended, that have emanated in relation to these ratios. Jurisdictional...