One particular problem is that the boom phase is associated with rapid growth of real income, falling unemployment, rising tax revenues, increasing asset prices and high bank profitability. With households, government and banks all doing well, there is little political support for policies intended to prevent the bubble from growing further, even when policy makers believe them necessary.
For example, in the UAE we impose the following capital ratios: –  Tier 1 core capital: a minimum of 8% (actual is: 14.5%)  –  Tier 1 and other tiers: a minimum of 12% (actual is: 20.5%)  2. However, it is suggested that local regulators should allow identified D-SIBs a comprehensive grace period to fully comply with the HLA requirements. 3.