Your English writing platform
Discover LudwigExact(3)
The authorities should also raise the minimum capital ratio that banks need to clear.
To get permission to make acquisitions, a bank must, in effect, have a minimum capital ratio of 12%.
In practice, the rules vary slightly across countries: in Japan, for example, shares in other firms can be counted as capital, and the minimum capital ratio for banks that are not internationally active is only 4%.The plan is to replace this accord with a new one, Basel 2. During the 1990s, big banks' risk-management systems became far more sophisticated than required under Basel 1.
Similar(57)
§ 615.5351 Standards for determination of appropriate individual institution minimum capital ratios.
§ 3.403 Standards for determination of appropriate individual minimum capital ratios.
"The government needs to define what the minimum capital ratios should be for banks".
Banks are still required to meet the minimum capital ratios set by the EBA by June 30th.
New rules known as Basel 2 had insisted that banks have minimum capital ratios of 8%.
Global banking regulators on the Basel committee, which is working on new capital rules, have proposed setting minimum capital ratios at just 8 percent.
Instead banks will probably face a sliding scale, with minimum capital ratios rising as they get bigger or embrace more risk.
This would require universal banks to maintain minimum capital ratios and loss-absorbing debt (as indicated above) for their UK retail banking operations, as well as for their businesses as a whole.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com