Wednesday 24 April 2024
 
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Basel committee

Basel urges standardised capital model for banks

The Basel global banking supervisory body has proposed introducing a standardised model to calculate a minimum level of capital banks would need to keep in reserve. The so-called capital floor 'will be based on revised standar

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New rules set for banks on disclosure

Banks across the world will have to use a common format for disclosing the size and quality of their capital safety buffers from 2013 to help reassure investors they are stable. The Basel Committee on Banking Supervision, made up of regula

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E&Y launches financial services for govt practice

Ernst & Young (E&Y), one of the world's leading professional services organizations, said it has launched dedicated financial services for government practice in Mena region. Speaking at the launch, Philip Middleton, EMEI

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