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Factbox: Global push for bank rules eyes finishing line 

February 26, 2015

Huw Jones, Reuters

As the banking crisis fades in memory, only to be replaced by a lingering economic slowdown, governments have lost interest in financial reform despite warnings from experts that dangers remain.

Main financial rules completed since 2007-9 crisis

* Higher basic bank capital requirements: Basel III rules will be fully implemented by 2019, forcing banks to have more than three times the capital held in the run-up to the crisis.

* Introduction of worldwide leverage ratio, a measure of capital in proportion to a bank's total non-risk weighted assets.

* World's top 30 banks to hold a capital "surcharge" by 2019 on top of Basel III.

Read More: Reuters

 
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