Banks toface stricter rules on their activity with each other
Systemically important banks will face stricter rules on
their activity with each other as part of an effort to prevent
the failing of one entity destabilising the entire financial
system, writes Joe Parsons.
The Basel Committee on Banking Regulation published its
latest final standard on the supervisory framework for
controlling and maintain large exposures, and from 2019
financial dealings between too-big-to-fail banks will be capped
at 15% of their Tier 1 capital.
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