Rumors Of Bank Liquidity Rule Changes Worry Reformers

Law360, New York (June 15, 2012, 7:54 PM EDT) -- Global regulators are reportedly planning to expand the types of assets banks can hold in required liquidity buffers in the face of a potential banking crisis in Europe, but financial reform advocates say that could be a first step toward weakening hard-won international accords on capital requirements.

The 2010 Basel III international banking accords called for banks to set up easily accessible, deep pools of liquid assets that they could use to pay off creditors and survive a sudden market crash. While the original Basel III...
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