A Government Accountability Office report Wednesday urged regulators to evaluate whether new Basel II reforms will truly fix the capital inadequacies highlighted by the crisis.

The 130-page report addressed findings that the industry's overreliance on leverage — and the subsequent deleveraging by financial institutions — were significant contributing factors to the financial turmoil.

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

Don't have an account? Register for Free Unlimited Access