Market Officials React Positively To New BIS Capital Proposals
REGULATIONS
Preliminary reaction in the foreign exchange market has been generally positive to the proposals on capital adequacy requirements made public April 30 by Gerald Corrigan's Committee on Banking Supervision at the Bank for International Settlements.
Discussions with representatives of bank groups show that they are pleased with the BIS's plans to give the nod to bilateral netting and not too surprised by proposed capital levies on market risk in foreign exchange trading."There's nothing in these
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