Bankers at odds over Swiss 'gilding' of Basel capital rules

11th October 2010, Comments 0 comments

An international banking group warns governments to take a balanced, multilateral approach to new rules designed to protect states from the failure of key financial institutions. It comes out against national policies with capital requirements that are more stringent than those set out by the Basel III agreement, clashing with a proposal for Switzerland that the Swiss National Bank is urging parliament to adopt.

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