Tuesday, July 9, 2013

Global Regulator may Simplify Bank Rules

The world’s main bank regulator may simplify a mass of new rules coming in for the industry, a sign that watchdogs are still grappling with how best to keep banks in check nearly five years on from the financial crisis. The regulator, the Basel Committee on Banking Supervision, on Monday published suggestions on how to simplify its new regulations after an internal review of whether the rules, designed to safeguard the world’s financial system, had become too complex............

Read - ET

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