Basel still pushing for capital model floors

Bank treasurers call plan to underpin internal models with standardised floors “unmanageable”

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Bank for International Settlements building, home to the Basel Committee

The Basel Committee has confirmed it is to push ahead with proposals to introduce standardised floors that will establish a baseline capital requirement for banks' internal risk models – a move that looks set to enrage bank treasurers who yesterday denounced such proposals as "unmanageable". Speaking at the International Conference of Banking Supervisors in Santiago earlier today (November 30), Basel Committee chairman Stefan Ingves stated that the body has reached a consensus on finali