According to information from more than 20 countries of officials this week
According to information from more than 20 countries of officials this week in Basel to meet, discuss the new banking supervisory rules and plans to meet again on Sunday. The Wall Street Journal quoted insiders 8, saying that the fastest in this weekend, the parties may, in the framework of the new Basel Accord. From the World Bank has been monitoring the recent discussions in the November issue of the next G20 Summit before the elaboration of a comprehensive new European banking supervision. As a result of these discussions and is initiated by the Basel Committee on banking supervision, the new Louis Vuitton banking supervisory rules are also referred to as the “Basel Protoco.” Reports that the new rules could force financial institutions held a few weeks before the expected higher capital levels. According to current plans, the Basel Agreement III will require bank capital adequacy level increased to 5.5% to 6% to 3% of the capital buffer. If the bank fails to meet the capital requirements, it is very likely to face business constraints, such as dividends and executive pay pay restrictions.
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