SUBSCRIBERS

Basel further reins in big banks' use of capital models

Regulators say proposed rules will not significantly raise overall capital requirements

Published Fri, Mar 25, 2016 · 09:50 PM

    London

    THE world's largest banks will have less discretion over how much capital to hold against loans turning sour, global regulators proposed on Thursday.

    Regulators want to cut complexity and inconsistency in capital requirements among big banks that use their own models, rather than methods set out by regulators, to add up credit risks.

    Copyright SPH Media. All rights reserved.