Korean regulator supports tough measures in Basel III
Korea's Financial Supervisory Service (FSS) has spoken in support of tough measures being discussed by the Basel Committee on Banking Supervision that will increase capital charges financial institutions have to put aside against high-risk securities. The FSS also broadly supports G-20 measures designed to shore up the financial systems.
"To date, most Korean financial institutions have limited exposures to principle investment or securitisation involving high risk, especially when compared with
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