Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Bank charges: Ideas presented on capital

More explanation of the Basel Committee’s plans to increase the amount of capital banks are expected to have has been unveiled today.

Chairman of the Basel Committee, Stefan Ingves has spoken about plans to make banks hold certain levels of capital in order to prevent financial problems arising from investments falling through.

Among the ideas that have been put forward are that banks should hold extra capital to protect against potential losses as a result of interest rates. Authorities will discuss whether they need to draw up a framework to establish how banks should determine levels of capital for interest rates risks.

However, the rules posed by the Basel Committee have been criticised as being too complicated. Regulators will be looking for ways to simplify them.

New regulations to standardise banking are being drawn up by the Basel Committee. Rules to protect against a future financial crisis, such as requiring banks to hold certain levels of capital, are being drawn up under Basel III.

John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.ADNFCR-2776-ID-801555261-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide