In Germany, however, small and medium-sized banks make up more than two-thirds of the market share, and these banks are not the target of these standards. The large volume of bank loans as a ratio of funding via capital markets makes the impact of the standards on the financial economy much bigger.
And the widespread use of internal models for risk calculation is seen as a circumvention of the standards. 4 A way forward for global standards for digital innovation Having spoken about the fundamentals of international cooperation in banking regulation, I would now like to widen my focus.