When Basel III is fully implemented in 2019, regulatory capital requirements will be significantly higher and tougher than under Basel II, and I am sure that the financial system will be more stable than before. But are higher capital and liquidity requirements enough? 2.1  Some missions almost accomplished …  Certainly not.
And therefore, besides the Basel III regime, many other regulatory projects have been tackled in response to the financial crisis. Let me mention three of the most  BIS central bankers’ speeches  1  current ones: regulation to solve the “too-big-to-fail” problem, regulation of sovereign exposures and efforts in regulating the shadow banking system.