Financial Regulatory Forum

Basel group wants stricter bank standards by 2012

December 17, 2009

The Bank for International Settlements (BIS), central bank to the world's central banks, and parent organisation of the Basel Committee on banking supervision. By Sven Egenter and John O’Donnell

ZURICH/BRUSSELS, Dec 17 (Reuters) – Banks face having to hoard more funds or turn to investors for fresh capital within as little as three years under proposals by a body which guides global financial regulation.

Global regulators to give banks grace period on capital rules – sources

By Reuters Staff
December 16, 2009

By Noriyuki Hirata and Krista Hughes

TOKYO/FRANKFURT, Dec 16 (Reuters) – Global regulators will give banks a grace period before forcing them to implement stricter capital rules, three people said on Wednesday, easing concerns that lenders might need to issue massive amounts of shares in the near future.