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Europe Daily Bulletin No. 10995

14 January 2014
ECONOMY - FINANCE - ENTERPRISES / (ae) banking
Relaxing Basel III leverage ratio

Brussels, 13/01/2014 (Agence Europe) - The Group of Governors and Heads of Supervision (GHOS) at the Basel Committee decided on Sunday 12 January to change the calculation method for the leverage ratio that banks must abide by in 2018.

The leverage ratio has been set at 3%, and is the ratio of top quality own finance (core Tier One) to all a bank's assets, not taking risk into account. Warning of the dangers of an over-strict interpretation that would penalise the financing of the real...

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