AFR Comment to Basel Committee on Capital Surcharges For the Largest Banks
AFR submitted a comment to the Basel Committee, which sets international standards for minimum levels of bank equity capital, concerning the levels of required capital for the largest world banks (so called Global Systemically Important Banks, or G-SIBs). AFR believes the proposed Basel minimum capital levels for these banks are far too low, and the Committee’s own analysis implies much higher capital levels should be set for these entities.