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Basel on right track with bank capital rules: central bankers

They also urge that focus be on avoiding a significant rise in overall capital requirements

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"Finalising the committee's post-crisis reforms will complete Basel III and help restore confidence in banks' risk-weighted capital ratios," said Mario Draghi, who heads the ECB and chairs GHOS.


REGULATORS are heading in the right direction in reforming the way banks calculate how much capital they must hold to stay solvent, a group of central bankers said on Sunday.

The reforms have been heavily criticised by lenders who say they will lead to hefty increases in...

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