IT GRC Forum

FacebookJoin our Linkedin Group!Follow us on Twitter!Subscribe to our Feeds!
Click on the slide!

2016 Data Security Best Practice

Live Webcast!             Join this live event to put your questions to our panel.

Click on the slide!

Taming the Devil in the Data

On-Demand               Play now for this security briefing and Q&A on enterprise data risk management.

Click on the slide!

Managing 3rd Party IT Risks

On-Demand               Play now to learn how to manage third-party risk to strengthen IT vendor governance

Click on the slide!

Realizing SecureData Potential

On-Demand               Play now and learn how to implement best practices for realizing data security…

Frontpage Slideshow (version 2.0.0) - Copyright © 2006-2008 by JoomlaWorks

European banks failed to meet Basel III rules in 2011

April 5, 2012 - Leading banks across Europe would have posted a huge shortfall on their minimum capital requirements had the upcoming Basel III rules been in force last year. New data published by the European Central Bank (ECB) has shown that continental financiers were around €242 billion ($316 billion) below the requirement that will be imposed in regulatory changes as of January 2013.

The ECB figures indicated that more than half - 27 out of 48 - of the region's major banks recorded tier 1 capital adequacy ratios of below the Basel III-targeted level of seven per cent of their assets.

Meanwhile, ten organisations had core capital figures of less than 4.5 per cent. Updated rules are to come into force from the beginning of next year as regulators attempt to prevent any repeat of the banking crisis seen in recent times.

Earlier this week (2 April), the Financial Times reported that lenders such as BNP Paribas and La Caixa are planning to pay back around 33 per cent of their ECB three-year loans by the end of 2012.

Comments (0)add comment

Write comment


Subscribe via Email

 Your Email:

pornocoelho pornocobra pornozebra sexocangrejo pornobanana pornocanguru pornoelefante sexocisne pornogazela sexochacal sexomarsopa
porna izle escort antalya escort antalya escort antalya escort antalya escort antalya sex