Global regulators gave banks four more years and greater flexibility to build up cash buffers so they can use some of their reserves to help struggling economies grow.
The pull-back from a draconian earlier draft of new global bank liquidity rule to help prevent another financial crisis went further than banks had expected by allowing them a broader range of eligible assets.
via Business feed http://www.scmp.com/business/banking-finance/article/1121872/regulators-ease-key-bank-rule-spur-credit
No comments:
Post a Comment