Write a short essay of 1,000 words (+/- 10%) in response to the following question:

Is Basel III enough?

Your work will be assessed based on the following criteria:

• Understanding why regulation is important  in the financial industry

• Be able to explain each regulation and its main pillars

• Be able to make the link between the 2008 financial crisis and its implications in terms of regulation

• Be able to understand how regulations affect the daily work of an employee in a financial institution