Sweden's central bank and macro-prudential regulator clash over leverage ratio
Riksbank calls for stricter and earlier implementation of Basel III measure
Sweden's central bank has called on the government to bring forward the introduction of leverage ratios on banks a day after the idea was dismissed by the country's chief financial regulator.
"Sweden should bring forward the introduction of the leverage ratio requirement that is planned for 2018 [under Basel III]," the Riksbank argues in a report published yesterday.
Sveriges Riksbank wants leverage ratios for the biggest Swedish banks to be introduced on January 1, 2016 – two years earlier than
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