Banking standards should be loftier than rules, official says

11/15/2012 | Bloomberg

Comptroller of the Currency Thomas Curry wants banks to adhere to higher standards of conduct in terms of risk management and corporate governance that go beyond Basel III capital requirements and the Volcker rule. "There's a balance here between the rulebook versus the art and the judgment of supervision, and this falls into the category of supervisory judgment," Curry said.

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