Supplementary rules for dealing with the “too big to fail” problem must follow and are at the top of the reform agenda, along with the even more complex monitoring and, where necessary, regulatory treatment of the shadow banking system. One major milestone was certainly the decision taken by the Group of Governors and Heads of Supervision on 25 June of this year.
The oversight body of the Basel Committee agreed on key procedures for dealing with global systemically important financial institutions. In future, these banks will be subject to additional capital surcharges ranging between 1 and 2½ percentage points depending on their degree of systemic importance.