Basel Committee will assess whether capital rules need simplifying
The Basel Committee on Banking Supervision plans to assess whether it "has the balance right" between simplicity and risk sensitivity, according to committee chair Stefan Ingves.
Ingves yesterday acknowledged the "vigorous public debate" developing over whether the regulations prescribed by Basel III are overly complex or inflexible.
The framework, he said, has to make trade-offs between simplicity, comparability and risk sensitivity, all of which are "desirable characteristics".
While "it is
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