Regulators Set Ways To Peg Big Bank Capital Surcharge

Law360, New York (July 3, 2013, 7:01 PM EDT) -- International regulators on Wednesday made changes to the method for requiring large, globally active banks maintain capital levels higher than smaller banks, providing a strong hint for U.S. regulators' plans for a capital surcharge on the largest banks.

The Basel Committee on Banking Supervision released the technical details for how it will determine which banks qualify as systemically important financial institutions, altering a formula that had previously been released in 2011 and 2012. Once a firm is deemed to be systemically significant, it will have to...
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