A Rethink Of Capital Requirements For Asian Banks?

The current financial crisis has placed pressure on banks in the US, Europe and the Asia Pacific region to review the structure of their businesses as well as their compliance with global standards. Bail out packages have been passed by governments in all three regions (albeit to varying degrees) in order to boost financial sustainability. The level of implementation of international financial standards is also coming under review, as governments and market commentators consider whether more stringent regulatory requirements are necessary.

Given the nature of the financial crisis and the risks it has highlighted, one of the key compliance issues to be addressed by regulators and banks is the level of capital reserves that banks should be obliged to keep. This briefing brings into focus this particular element of the suite of regulatory conditions that banks may be required to satisfy in order to weather the present storm. As the briefing acknowledges, banks in the Asia Pacific region ...

If you are already a vLex customer, Access Here