The rules of the game could become less harsh than expected for international banks. The Basel Committee on banking supervision, which has the task of establishing the new capitalization requirements to be imposed on credit institutions, is reportedly working on a softer regulatory system than the one initially envisaged.
The face of Basel III could thus take on a more reassuring expression. In detail, according to the rumors released today by the Financial Times, the easing would concern the liquidity parameters, ie the reserves that the banks should keep on hand to finance themselves in the event of a sudden collapse of the market. The law is expected to come into force in 2015.
