France and Germany seek way to ease banks' capital rules

Note: This section contains information in English only.
Source: Reuters
Germany and France are looking for the ways to relax the worldwide banks' capital rules to limit negative impact on the real economy.  Finance ministers of France and Germany are going to call for special treatment for financial institutions that are involved in insurance business. Moreover, ministers will urge essential clauses of the Basel III guidelines on the basic capital requirements. Banks all over the world will be obliged to comply with Basel III requirements on disclosing the quality and size of capital buffers starting from 2013.


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