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Regulators to ease bank rule to help economic recovery 

January 10, 2014
Huw Jones, Reuters

(Reuters) - Global regulators will make it easier for lenders to feed credit to the economy by relaxing a new rule on Sunday designed to limit risk on banks balance sheets, regulatory and banking industry sources said.

The rule is among the final elements of a global accord on bank capital, known as Basel III, which forms the world's core regulatory response to the 2007-09 financial crisis that saw undercapitalised lenders being rescued by taxpayers.

Central bankers from the Group of 20 leading economies and other countries will meet in Basel, Switzerland to endorse the final version of the so-called leverage ratio that banks will have to comply with from January 2018.

Read more: Reuters

 
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