Q&A: Ryozo Himino on Basel's RWA probe and the need for minimum standards

Time for scrutiny

Ryozo Himino

Drawing up a comprehensive, internationally agreed set of bank capital and liquidity requirements is one thing. Making sure all 27 member countries of the Basel Committee on Banking Supervision implement it consistently, and over the same time frame, poses a different set of challenges altogether. Historically, there has been a certain level of freedom given to national authorities to tweak aspects of the Basel rules to suit their local banking markets, or to stretch implementation dates beyo