#banksonbasel: Christian Bonnen
Isn’t it too late for changes to Basel III?
No, it is not. Although the implementation of Basel III has been ongoing for a number of years, it has not yet been finalised. But we are now on the home stretch: proposals and reports have in the meantime been presented by the European Commission, the European Parliament and the European Council. We, the vdp, urge the European institutions concerned, when they hold their forthcoming trilogues, to take into consideration the burdens that real estate finance providers can expect to face. The rules provide plenty of levers with which to do this, and the proposals tabled by the Commission offer useful starting points.