Basel Committee chief sets out next steps for regulation

Stefan Ingves

The chairman of the Basel Committee on Banking Supervision, Stefan Ingves, today (November 15) said while reforms to capital adequacy rules had been "substantial", more work was needed, particularly for liquidity rules, which are the next area the Basel Committee is working on.

Ingves made the comments as he gave details of the latest progress towards finalising the Basel III framework, and set out the Committee's plans for 2013. Ingves said reaching agreement on liquidity ratios had been a

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