Singapore Banks Unaffected by Stricter Capital Requirement Norms

Singapore Banks Unaffected by Stricter Capital Requirement Norms The Singapore government's recent announcement for setting the capital requirements higher than Basel III for local banks is unlikely to affect the banks much due to their robust core capital position, says Rikvin, Singapore's leading company registration specialist. Singapore (PRWEB) July 08, 2011 The Singapore government recently announced that locally-incorporated banks will meet capital adequacy requirements higher than Basel III, which is the global regulatory standard on bank capital adequacy and liquidity agre
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