Original article by Richard Gluyas
The Australian – Page: 21 : 12-Dec-17
Australian Prudential Regulation Authority chairman Wayne Byers has welcomed finalisation of the Basel IV reforms governing the global capital requirements for banks. He says Australian banks are in a good position to meet the Basel IV reforms, a comment echoed by Victor German of Macquarie. Craig Williams of Citigroup says the reforms have a longer implementation time (2027) than was expected, while they are not as onerous as had been forecast.
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, BANK FOR INTERNATIONAL SETTLEMENTS. BASEL COMMITTEE ON BANKING SUPERVISION, MACQUARIE GROUP LIMITED – ASX MQG, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD