#banksonbasel: Dr. Louis Hagen
What is the effect of Basel III in the context of other supervisory measures?
Like Basel III, the capital buffers ordered by the Federal Financial Supervisory Authority (BaFin) place a burden, above all, on low-risk residential property lending. Yet it is precisely this area of business that has repeatedly proved itself to be low-risk. That makes it so bewildering that the supervisory authorities should focus on it in this way. We, the vdp, advocate reducing the burdens that Basel III threatens to impose on the particularly safe business of real estate financing and revising the introduction of the capital buffers that is planned to take place from 1 February 2023.