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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



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