Basel bids to ensure all regulatory capital can be used to buffer losses
The Basel Committee on Banking Supervision on Thursday issued rules that aim to avoid another situation in which regulatory capital cannot be used as a buffer against losses, as a supplement to the capital rules it unveiled in December.
The Group of Governors and Heads of Supervision, the body that oversees the Basel Committee, approved the new minimum requirements on 10 January.
"During the financial crisis, a number of distressed banks were rescued by the public sector injecting funds in the
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