Delay revised Basel capital rules, say bankers
Regulatory heads at JP Morgan and BNP Paribas recommend regulatory recess
Leading banks have called for a “pause” in the roll-out of new Basel capital requirements to allow time for a thorough impact study on the effects of the package.
“This is a good time for a pause to assess the cumulative impact of the rules,” said Betty Whelchel, a regulatory affairs head at BNP Paribas.
She singled out the net stable funding ratio (NSFR) and the Fundamental review of the
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