SG's head of regulatory strategy welcomed further analysis of leverage ratio reform
Societe Generale has welcomed the move by
the Basel Committee on Wednesday to consult with the industry
on the leverage ratio after the regulator stopped short of
offering on Wednesday a key concession on the controversial
The Basel Committee on Banking Supervision
issued a consultation paper that outlined key revisions but
fell short of
suggesting that bank initial margin should be exempted from the
leverage ratio calculation, a proposal the banks like.
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