Furthermore, the effect of internationally agreed regulatory reforms – most of which have yet to be implemented – will be to increase banks’ capital requirements while shrinking the scale of maturity transformation risks that they can carry on their balance sheets. The “new normal” that results will likely include scarcer, more expensive long-term bank lending.
此外，国际一致的监管改革——大部分还未实施——的作用将是增加银行资本要求，同时降低这给资产负债表带来的期限转换风险的规模。由此产生的“新常态”可能包括长期银行贷款更稀缺、更昂贵。