Basel III focuses on a ratio of high-quality capital - called tier 1 - which is needed to cushion it against any future shocks.
The economists say that if oil tax delivers more than conservatively planned, that surplus should be put in a fund to handle future shocks.
The European Commission President, Jose Manuel Barroso, said the new capital requirements would enable banks to "absorb future shocks themselves, without asking the taxpayer for help".
The coalition partners support a levy on banks, to provide a cushion for future shocks or to pay for past excesses, and they favour curbs on bankers' bonuses.
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So have the crises now reached such a magnitude that some time soon the eurozone's leaders will be jolted into taking the kind of serious evasive action which would see future shocks diminishing in their severity?
Those are the kind of steps we can take that will help our economy grow, will help it create jobs and will insulate us from potential future shocks whether they come from Europe, or as they did earlier this year from Japan, or the Middle East.
By making domestic demand more resilient, East Asia would then be less vulnerable to future external shocks.
Given these recurrent tensions in the market, how might future liquidity shocks be prevented or, at least, coped with?
Uncertainties about the future course of pivotal Persian Gulf states like Iran and Saudi Arabia are exacerbating concerns about future oil shocks and their economic consequences.
This experience has led me to believe that one of the best ways to protect the financial system against future systemic shocks, including the possible failure of a major counterparty, is by strengthening the financial infrastructure, including both the "hardware" and the "software" components.
The rating agency downgraded French debt one notch to AA1, saying its resilience to future euro area shocks is becoming more difficult to predict.
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Economic restructuring is essential if these economies are to cope better with external shocks in the future.
So these are important steps that we can take to insulate ourselves from energy shocks in the future.
But what we can do through policy is increase our domestic production of oil and gas, increase our overall domestic sources of energy, including alternative energy, and thereby insulate ourselves from some of the shocks that come in the future.
Chris Towner, of foreign currency exchange brokers HiFX, notes that the UK is on a stable outlook from Moody's, meaning there are unlikely to be any further shocks for the currency in the near future.
Scottish Widows said it painted "a bleak picture" of people's ability to cope with financial shocks that could hit now or in the future.
In its 2011 Annual Global Risks Report, the WEF warned the world's economy could not withstand any further shocks to the system and identified 37 main threats to its future stability, from crippling government debt and cyber security, to unsustainable pressure on resources and food security.
And certainly, every year since he's been President, he has made a focus of the importance of investing in alternative energy technology, because that combination is the one that will build a foundation for energy security in the future, so that we are not as vulnerable to the kinds of price shocks that we get when oil climbs, as it is now.
"This overhaul of EU banking rules will make sure that banks in the future have enough capital, both in terms of quality and quantity, to withstand shocks, " said Irish Finance Minister Michael Noonan, who led the negotiations.
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