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Global regulators to fast-track bank leverage rule 

October 21, 2014
Huw Jones, Reuters

Global regulators will fast-track work on finalising a key benchmark to measure bank capital even as countries begin applying their own higher ratios, a top regulator said on Monday.

The Basel Committee on Banking Supervision was due to finalise the so-called leverage ratio in 2017, a year ahead of when it comes into force.

The leverage ratio - a measure of capital to a bank's total assets - is part of a package of bank rules known as Basel III that is being phased in after the 2007-09 financial crisis. Under the package, banks will have to start publishing their current leverage ratio from 2015.

An interim ratio was set by the committee at 3 percent but countries such as the United States and Switzerland are calling for higher levels.

Read more: Reuters

 
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