Bank Regulators Seek Washington Breakthrough in Basel Talks
- Autonomous Research sees RWAs rising for 40 European banks
- Meetings in Washington this week may bring further progress
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A decade on from the last financial crisis, global regulators are close to putting the finishing touches on bank capital rules intended to prevent the next one.
Negotiators in the Basel Committee on Banking Supervision last week came up with a plan to break a year-long deadlock that has delayed completion of the Basel III capital standards, according to people with knowledge of the talks. A final deal must be approved by the central bank governors and supervisors on the Basel Committee’s oversight body.