Basel would readjust leverage ratio if reserves exempted
Basel’s Rogers says permanent relief for central bank reserves should lead to higher minimum ratio
Carolyn Rogers, secretary general of the Basel Committee on Banking Supervision, has told an online conference that any permanent exemptions for central bank reserves from the leverage ratio would “logically” lead to recalibration of the ratio.
“I don’t think the argument is necessarily that there is risk in central bank reserves, but we had the leverage ratio appropriately calibrated all in, and I don’t think anybody wanted to tackle a recalibration,” Rogers said, during a virtual conference
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