No hard limit to Basel hike of capital rules: Dijsselbloem

No hard limit to Basel hike of capital rules: Dijsselbloem
 

A reform of global banking rules should focus on lenders' internal models to assess risk and should not include hard limits to the increases of capital requirements that may be needed, the chair of euro zone finance ministers said on Tuesday.
"The outcome of the process should be that we have good quality standards for internal models and in the individual cases of some banks it may lead to higher capital requirements," Eurogroup President Jeroen Dijsselbloem told reporters before an EU finance ministers' meeting in Luxembourg.
The meeting will also discuss the reform of global... read more

 
11 October 2016 in Business, Views: 34
Source: Reuters
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