Basel Committee takes aim at regulatory arbitrage

03/25/2013 | Reuters · Financial Times (tiered subscription model)

The Basel Committee on Banking Supervision has proposed levying charges on financial institutions that use credit default swaps to reduce capital requirements. The committee acknowledges that CDS can effectively manage risk but says banks should appropriately recognise the cost in their capital buffers.

View Full Article in:

Reuters · Financial Times (tiered subscription model)

Published in Brief: