Currents of Currency Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currents of Currency

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: The Wharf	6/29/2012 12:48:20 PM
	of 594

Bloomberg Basel Said to Agree on Draft Changes to Bank Liquidity Rule By Jim Brunsden and Ben Moshinsky - Jun 29, 2012 7:27 AM PT . Global banking regulators have tentatively agreed to change the way they calculate whether banks are holding enough liquid assets following concerns the planned rules were too severe, according to two people with knowledge of the matter. The Basel Committee on Banking Supervision discussed the standard, known as a liquidity coverage ratio, or LCR, at a meeting last week in Stockholm, according to the people, who asked not to be identified because the talks are private. Regulators changed assumptions about what may happen to banks in another credit crisis, the people said. A U.K. regulator separately today said its banks may have more room to dip into liquidity buffers because of Bank of England funding. Difficulty is lack of future thinkers. Laws come to be after fact has surfaced. Now comes the question of how much of a safety net is required? Well looks like it is going to be just too much and compliance is not yet mandatory as the law has yet to take effect

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next