The India Banks Association wants to create a lenders’ consortium to monitor their own debt and ensure borrowers are adhering to pre-agreed rules and patterns.
Financial organisations have voiced concerns about proposed changes to Basel III, including changing the way notional pooling is treated, and treasurers are rightly concerned.
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime