New rules on global banks' interest-rate risks face delays

April 3, 2015 12:48 PM

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TOKYO, April 3 (Reuters) - Efforts to protect the world's banks from interest-rate risks are bogged down, with an agreement on new rules likely to be delayed by at least several months, people involved in the discussions said.

Basel Committee negotiators have reached an impasse on the rate-risk requirements, two people involved in the process told Reuters, with Britain and Germany seeking requirements for banks to increase their capital, whereas the United States and Japan argue that the issue should continue to be left t...

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