After all, my speech is supposed to be about the Basel III reform. Allow me, if you will, to keep you in suspense a little longer and reveal the answer to this question at the end of my speech. 2. Are we there yet? The current status of negotiations Ladies and gentlemen, we are very close to concluding the Basel reforms.
And the closer we get to the end, the more we turn our attention to what these reforms will mean. Many institutions are worried, not least in Germany. What will the overall package look like in the end? Will the new standards be too strict? And how can the new requirements be fulfilled? These are all questions that are being asked, and rightly so.