Basel Panel Unveils Liquidity Standards For Banks

Law360, New York (October 20, 2010, 11:08 AM EDT) -- The Basel Committee on Banking Supervision has announced that it will move by the end of 2010 to finalize rules that set new global standards on capital and liquidity requirements in order to help buffer banks from the types of sudden losses and liquidity shortages at the center of the recent financial crisis.

The international committee released a statement Tuesday following a meeting in Seoul, South Korea, saying that it would subject new rules on banks' liquidity coverage and net stable funding ratios to an observation...
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