Bafin President Hufeld Says Basel Compromise Is Key

The transcript discusses the urgency of establishing a new global banking standard, addressing concerns from German banks about global competition, and the debate over the output floor in regulations. It also covers the impact of Brexit on banking, particularly the loss of passporting privileges for banks using London as a hub. Additionally, it touches on potential changes in US banking regulations under the Trump administration and their global implications.

How might Brexit affect banks using London as their main hub?

What are the potential implications of the Trump administration's scrutiny of Dodd Frank regulations?