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Basel Committee Presses on With 'Basel IV,' Hints at Capital-Requirement Leeway

A governing committee of Basel banking regulators appears to have taken heed of industry worries about more onerous capital requirements under so-called Basel IV reforms.

After a meeting of Bank for International Settlements governors and heads of supervision on Sunday, the committee agreed it "should focus on not significantly increasing overall capital requirements" as regulators attempt to impose a unified method of risk assessment that has alarmed many European lenders but been welcomed by banks and industry representatives in jurisdictions including the U.S., Australia...