Banking regulators propose tougher rules on trading books - Global - TopicsExpress

Banking regulators propose tougher rules on trading books - Global regulators proposed fundamental changes on Thursday to how banks price risk on their trading books in a move lawyers said would prompt some lenders to exit or cut back activities. The Basel Committee of banking supervisors from nearly 30 countries published a second, more detailed 127-page proposal on reforming how risks on trading books are calculated after finding wide discrepancies among banks. In r... ow.ly/2Bda1E

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