UPDATE 1-Basel plays down impact of trading rule changes on capital

November 18, 2015 1:19 PM

38 0

LONDON Nov 18 Overall capital requirements for the very biggest banks would rise by 4.7 percent under planned rules to ensure lenders set aside enough capital to cover the risk of trading book assets turning sour, global regulators said on Wednesday.

The Basel Committee, made up of banking supervisors from nearly 30 countries, published an impact assessment for new market risk capital rules which banks have criticised for requiring a leap in capital.

Also read: Fed's Kaplan says he has no problem with being 'restrictive'

Read more

To category page