New rules on long-term lending associated with Basel III and Solvency II could affect the availability of long-term financing for infrastructure projects – and there "may be scope for some intelligent, risk-sensitive fine-tuning of regulation", according to Ravi Menon of the Monetary Authority of Singapore (MAS).

Addressing the fourth annual Pan-Asian Regulatory Summit in Singapore today, the MAS managing director said the increased overall capital requirements under Basel III, when coupled with