Risk Europe: Dodd-Frank rating requirement has competitive implications under Basel III


A decision by US legislators to remove all references to credit ratings from the regulatory framework could put the country's banks at a competitive disadvantage under Basel III, according to Stefan Walter, secretary general of the Basel Committee on Banking Supervision.

Speaking at the Risk Europe pre-conference summit in Brussels today, Walter said the requirement under the Dodd-Frank Act, which was signed into law last July, could mean US banks end up holding higher capital under Basel III

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: