A new general approach to capital adequacy?

ARTICLE - The Centre for the Study of Financial Innovation on Tuesday released a proposal aimed at replacing the Basel committee's new capital adequacy proposal. CentralBankNet attended the press conference.

The paper, entitled "A New General Approach to Capital Adequacy" proposes a simplified alternative to the complex rules for setting bank capital requirements under the new Basel capital accord, is authored by Charles Taylor, former managing director of the Depository Trust and Clearing

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