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Delay in Implementation of Bank Capital Rules in Singapore

July, 05 2017
watermark Economic news

The banking regulator in Singapore has announced the extension of the execution of global rules for a year to curb trading risks which in signifies a post-crisis overhaul of the global banking system to be interrupted.

 

Other countries such as Hong Kong and Australia followed postponement in the same manner as there is a rising concern regarding the complexity of rules. Also, this is yet to be settled on how this will match with other capital reforms.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.