Capital Conservation Buffer Vs Countercyclical Buffer

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1. Context

In this video from the FRM Part 2 curriculum (Operational Risk section), we explore the differences between two buffers introduced as part of the Basel III guidelines – the Capital Conservation Buffer and Countercyclical Buffer. We take a look at the motivation behind these capital buffers, the size of each and what happens in the event of non-compliance. This video forms an addendum to the FRM Part 2 preparation course (https://www.finRGB.com/courses/frm-part-2-online-course). The details of the readings in which this topic appears are given below:

AreaOperational Risk
ReadingSolvency, Liquidity and Other Regulation After the Global Financial Crisis
ReferenceMark Carey, “Solvency, Liquidity and Other Regulation After the Global Financial Crisis,” GARP Risk Institute, April 2019.

2. Video