UK Banks Capital Requirements
Hi,
I was wondering if anybody could clear up the capital requirements for banks in the UK for me.
I had read that Basel III was to be introduced in 2014, requiring a 4% CET1 requirement and 5.5% capital ratio, but later saw that this had never been implemented in the UK - and would not be until 2018 at the earliest.
Thanks,
Alex
I was wondering if anybody could clear up the capital requirements for banks in the UK for me.
I had read that Basel III was to be introduced in 2014, requiring a 4% CET1 requirement and 5.5% capital ratio, but later saw that this had never been implemented in the UK - and would not be until 2018 at the earliest.
Thanks,
Alex
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