The important goal may be less the resultant improvement in capital requirements than the predicate necessity for the formal risk-management techniques that Basel II would impose on a relatively small number of increasingly large, increasingly complex, and increasingly opaque banking organizations. The sad fact is that the adoption of best-practice risk-management techniques has been slower than desired.
Note: The red line denotes the simple average over the sample period. Source: Elaborated by Banco de México with data from Federal Reserve Economic Data, Federal Reserve Bank of St. Louis. 15  Graph 3.