BSP tightens bank capitalization requirements
By Michelle V. RemoThe Bangko Sentral ng Pilipinas has issued stricter capitalization guidelines that banks must comply with starting January 2014 to meet Basel III standards.
The Bangko Sentral ng Pilipinas has issued stricter capitalization guidelines that banks must comply with starting January 2014 to meet Basel III standards.
WASHINGTON—The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards. “Many industry participants have expressed concern that they may be subject to a final regulatory capital rule on January 1, 2013, [...]
