Written by PricewaterhouseCoopers' Richard Barfield and based on the
Basel impact study (completed by PricewaterhouseCoopers for the European commission in April 2004), this article summarises the study for banking and capital markets from a customer's perspective.
The study examines the impact of the proposed capital requirements on the balance sheet of the financial sector of the EU, and considers how this could affect the behaviour of the financial sector as well as the wider EU economy.
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