U.S. Treasury Proposes Tougher Global Bank Requirements. Standards propose that higher capital levels at all banks be required. Standards outline a simple constraint on leverage for all banks along with strict but flexible liquidity regulations. G-20 finance ministers were expected to discuss the Treasury proposal over the weekend. The proposal shows gaps in current regulations that allowed major financial firms to operate with low capital buffers, excessive amounts of leverage and unstable, short-term funding sources. The framework comes nearly a year after Lehman Brothers filed for bankruptcy.”]
Source: https://www.cuinfosecurity.com/treasury-proposes-tougher-global-bank-requirements-a-1756