Banks have so far been allowed to breach LCR, capital minima and IFRS 9 provisioning guidance.
Seems to show all those new measures were quite useless to start with. https://twitter.com/cetier1/status/1252723464546459648">https://twitter.com/cetier1/s...

Some regulators go as far as saying that it& #39;s ok to allow breaches to "support the economy".
But weren& #39;t those rules supposed to "protect the economy from the banks"?
The whole regulatory logic of the past decade makes little sense.