Swiss tighten bank capital rules a year ahead of world

11th November 2010, Comments 0 comments

Bern, Switzerland GenevaLunch - Swiss banks will have tougher capital requirements for trading, known as the Capital Adeqacy Ordinance, starting 1 January 2011, a year ahead of the rest of the world, the Swiss Federal Council cabinet announced Wednesday 10 November. New capital requirements have been drawn up by the Basel Committee of central bankers, ...

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