Basel Committee to raise capital ratios

The Basel Committee on Banking Supervision has said that it will raise capital requirements next year in order to ward off future episodes of economic and financial stress.

The committee said on Thursday that it will implement a combination of measures including the introduction of standards to promote the accumulation of capital buffers in times of economic expansion that can be drawn down in times of stress, strengthening the quality of bank capital, improving the risk coverage of the capit

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