That is according to business secretary Vince Cable, who believes banks should be looking to raise the funds necessary to comply with these changes by making cuts elsewhere in their operations.
During an interview with Reuters, Mr Cable called on financiers to instead focus on reducing the "grossly excessive" remuneration packages given to their members of staff in the way of bonuses.
"There is absolutely no reason whatsoever why it should be at the expense of businesses, especially small businesses," he added.
Chancellor George Osborne announced yesterday (19 December) that the government hopes to implement all proposals put forward in the recent Independent Commission on Banking report by 2019.
And Mr Cable indicated this represents a "good deal" for Britain, as it should vastly improve regulation in the country's financial sector.
By Gary Cooper