You are here

Banks to Basel: Back off on credit-risk capital restriction

Lobby group warns that regulators risk slowing global economy with curbs on lenders' ability to assess risks


BANKS are stepping up opposition to looming capital standards, with one of the financial industry's largest lobbying groups warning that regulators risk slowing the global economy with a clampdown on lenders' ability to judge the health of their own borrowers.

The Basel...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to