Basel Committee sketches regulatory action plan


The Basel Committee on Banking Supervision on Tuesday outlined the regulatory areas it will turn its focus to after Basel III, in a comprehensive report prepared for G20 central bank governors and finance ministers.

Ahead of the G20 governors' and finance ministers' meeting in Gyeongju, Korea, on Friday and Saturday, the Basel Committee set out eight areas for future work: a fundamental review of the trading book; ratings and securitisations; systemically-important banks; contingent capital

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