EIFR - European Institute of Financial Regulation - FSA's Turner continues to push for tougher capital requirements


	Sources: Assemblée Nationale Consultations European Commission European Parliament Governments Hearings Market initiatives Market Regulators Press Release Research Training Categories: Asset Management Banks Entreprises & Financement de l'économie European and French regulation Financial markets Insurance International

16/02/2010 Wall Street Journal
UK Financial Services Authority Chairman Adair Turner appears to be toughening his position on capital requirements for banks, saying they should hold as much as 10 times more capital to cover their trading books. Turner's call comes as the Basel Committee on Banking Supervision revamps its Basel II rules on bank capital. The committee is set to issue revised requirements by the end of this year.Read the Wall Street Journal's article