Basel Committee looks to tighten some capital rules for banks

12/21/2010 | Bloomberg · Global Financial Strategy · Reuters

The Basel Committee on Banking Supervision said banks should be required to hold capital against trades lodged with clearinghouses to protect them in case of default. "It is important that banks maintain sufficient capital for their exposures," the committee said. The group suggested that a bank's total capital requirements be determined by adding an amount equal to 2% of its trades through clearinghouses to its risk-weighted assets.

View Full Article in:

Bloomberg · Global Financial Strategy · Reuters

Published in Brief: