Sarb deputy governor calls for changes to Basel ratio

South African central bank wants softer treatment for wholesale funds in NSFR

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The South African Reserve Bank (Sarb) wants to see further changes to the second of Basel III's twin liquidity ratios, according to the central bank's deputy governor, Daniel Mminele. A revised version of the net stable funding ratio (NSFR) was published by the Basel Committee on Banking Supervision in January, but Mminele – who was speaking at the Risk & Return South Africa conference in Cape Town this morning – said the changes did not go far enough to accommodate banking industries that have

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