Asian banks disadvantaged by Basel Accord – Asean Risk 2012

Singapore: low government debt causing LCR problems

The Basel III regime is imposing an unnecessarily complex series of capital requirements on Asian banks and an approach to liquidity management that would actually increase risk within the region's financial system, believes Brian Lo, head of market risk for Singapore-based DBS. Speaking at the Asean Risk conference, held in Singapore today, Lo said: "Basel III is a prescription for failed financial institutions, as well as regulators, and as a result of these failures, everybody has to take