Basel Committee's Walter: No major overhaul for LCR

09/9/2011 | (subscription required)

Stefan Walter, secretary general of the Basel Committee on Banking Supervision, denied reports that the global regulator is working on a significant overhaul of the liquidity-coverage ratio. "Recent media coverage has created the impression that there is a set of proposals waiting in the wings to weaken the standard, or change it to make it less onerous for banks. That just isn't the case," Walter said.

View Full Article in: (subscription required)

Published in Brief: