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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 trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.