The world is becoming increasingly digital – this presents a whole host of challenges for payments in Europe, but also opens up opportunities as a result of innovations. The Bundesbank’s Payments Symposium 2024 saw around 250 experts from the business community, academia and state institutions come together to discuss this topic, including Bundesbank Executive Board member Burkhard Balz and Piero Cipollone, member of the Executive Board of the European Central Bank.

Implementation in the EU of the Basel III reform package will lead to a 3.3% increase in minimum required capital (MRC) by 2030 for a sample of 36 German financial institutions. The Bundesbank calculated this result in a study based on data from large institutions in particular.

The Basel Committee on Banking Supervision’s Basel III monitoring exercise started studying the impact of the capital requirements and new liquidity standards on selected banks in 2011. It is conducted semi-annually at the end of December and at the end of June.