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Europe Daily Bulletin No. 9873

1 April 2009
Contents Publication in full By article 10 / 36
GENERAL NEWS / (eu) ep/financial services
Should banks be under obligation to make extra capital provision in times of growth?

Brussels, 31/03/2009 (Agence Europe) - Addressing he European Parliament committee on economic and monetary affairs on Monday 30 March, Nout Wellink, who chairs the Basel Committee on Banking Supervision, made an overview of the work done by central bankers in the ten main western economies when it comes to regulatory reform. On the subject of such reform (tangible own capital imposed on banks), Mr Wellink spoke of the possibility of making it an obligation for “capital to be built up in...

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