01712cas a2200253 a 4500 AALejournalIMF013106 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475510836 1018-5941 BD-DhAAL BD-DhAAL Elliott, Douglas. Assessing the Cost of Financial Regulation / Douglas Elliott, Andre Santos. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (81 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and higher taxes and fees. Overall, average lending rates in the base case would rise by 18 bps in Europe, 8 bps in Japan, and 28 bps in the United States. These results are similar to the official BIS assessments of Basel III and an OECD analysis, but lower as a result of including expense cuts and reductions in the returns required by investors. As a result, they are markedly lower than those of the IIF. Mode of access: Internet Santos, Andre. IMF Working Papers; Working Paper ; No. 2012/233 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/233/001.2012.issue-233-en.xml IMF e-Library