WASHINGTON — Though the Basel II process to write new international capital standards lingered for nearly a decade, its successor has come a remarkably long way in just the past year.

Global leaders under the auspices of the Basel Committee on Banking Supervision agreed on a new set of regulatory standards that would improve the quantity and quality of bank capital and discourage excessive leverage.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access