Daily Archives: December 25, 2014

Basel publishes draft rules on capital requirements, loss calculations

Basel publishes draft rules on capital requirements, loss calculations

The Basel Committee on Banking Supervision has published draft plans for rules regarding minimum capital requirements and methods for calculating potential losses. “There is a danger here in that too much standardization could lead to the risk that bank business models are too similar, thus opening the entire sector to a stability threat in the face of a major shock,” said Richard Reid, a research fellow at the University of Dundee in Scotland. Bloomberg (12/22), Reuters (12/22)