The global standard-setter for banking regulation today published a raft of radical proposals to strengthen oversight of capital, liquidity and risk in the sector in the wake of the financial crisis, but gave little detail on when banks will be expected to fully conform to them.
The Basel Committee on Banking Supervision this morning published for consultation proposals on global capital and liquidity regulations, having met earlier this month to agree a raft of reform packages on those issues. The committee has invited comments on the proposals from market participants by April 16 next year.