Wellink: long-term fix will abate near-term fears

A clear outline of the post-crisis regulatory landscape would help allay short-term fears, Nout Wellink, the president of the Netherlands Bank and the chairman of the Basel Committee on Banking Supervision, has said. Wellink also indicated that the committee would introduce a leverage ratio.

Wellink told the European Parliament's Committee on Economic and Monetary Affairs on Monday: "By providing clarity about the future regulatory framework, we will help re-establish near-term confidence, re

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