Tag: Basel Index

Basel Index
Tuesday, June 29th 2010 - 05:30 UTC

Brazil to implement new banking reserve requirements bases on Basel Index

The latest changes in the Index were agreed at the G-20

Brazil's government will implement new reserve requirements on credit operations undertaken by the nation's banks, in compliance with the latest changes in the Basel Index, by 2012, the Central Bank of Brazil said in a statement Monday.

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