FSB's Carney tells banks there is no 'Basel IV' on the way


  • World
  • Monday, 09 Nov 2015

LONDON (Reuters) - Remaining changes to global bank capital rules don't amount to a quantum change in requirements for lenders as claimed by the sector, Financial Stability Board Chairman Mark Carney said on Monday.

Global regulators are revising key capital rules for banks, such as how much they should set aside to cover risks from the assets they trade.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

South Korea's Yoon says efforts to improve people's lives had fallen short
Former Fiji PM Bainimarama sentenced to year in jail
Phone bans are gaining ground in schools worldwide
Britain and NATO allies must spend more, be tougher, UK's Cameron to say
UK refuses to sign global vaccine treaty, The Telegraph reports
Roundup: U.S. crude supplies up, other petroleum data mixed
Rains return to flooded southern Brazil, interrupting rescues
U.S. stocks end mixed, Dow extending winning streak
U.S. oil imports, exports up last week
U.S. crude oil production unchanged last week

Others Also Read