No sign of Basel III timing change request - Mexico official
MEXICO CITY (Reuters) - There has been no discussion about putting back the start date for new rules of bank capital buffers in the lead-up to this weekend's G20 meeting, a senior Mexican Finance Ministry official told Reuters on Saturday.
U.S. and European financial officials are likely to come under pressure from peers when they meet in Mexico City for dragging their feet on implementing the so-called Basel III accords, the world's response to the 2007-09 financial crisis.
"In the last three weeks, not one conference call, not one paper that has been presented, has suggested that modifying the timetable could be put forward by anyone," said Juan Manuel Valle, head of the banking and securities department at the Finance Ministry.
- Tweet this
- Share this
- Digg this
- Pro-independence Scots narrow gap to victory ahead of vote - poll
- UK's fate in the balance as poll shows record support for Scottish independence
- Kremlin adviser says military strategy to reflect Ukraine crisis, NATO expansion - RIA
- Europe drafts emergency energy plan with eye on Russia gas shut-down
- Low-carb diets may beat low-fat options for weight loss, heart health