Banks May Face Extra Basel Capital Rules for Interest Rate Risks
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Global regulators may force banks to hold more capital to guard against the risk that they may lose money from changes in interest rates, Stefan Ingves, chairman of the Basel Committee on Banking Supervision, said today.
Authorities will examine “the need for a capital framework for interest rate risk” on assets that lenders plan to hold to maturity, Ingves said in prepared remarks for a speech in Basel, Switzerland today. Such a move may improve consistency with capital rules on assets banks intend to trade, Ingves said.