‘Do I die, or do I survive?’ Officials reflect on Basel III complexity

Ingves, Trichet and Villeroy de Galhau recall tough trade-offs at Basel Committee’s 50th anniversary

Stefan Ingves
Stefan Ingves
Photo: Lucy Stewart/Infopro Digital

Current and former central bank governors defended the complexity of Basel III and reflected on the tough negotiations that produced the accord at an event in Basel today (April 24).

The conference, marking 50 years since the Basel Committee on Banking Supervision formed, brought together central bankers who led the committee and its oversight body, the Group of Governors and Heads of Supervision (GHOS), in a panel discussion.

Stefan Ingves, who chaired the Basel Committee during the intense

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