The Basel Committee on Banking Supervision announced new, higher capital standards on Sunday that essentially boost minimum common equity requirements to 7% by Jan. 1, 2019.
The committee said banks must hold at least 4.5% of minimum common equity, but add an additional "conservation buffer" of 2.5% to withstand future periods of financial stress.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access