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Letter. Worrying reduction of capital levels

Wolfe, Simon (2007) Letter. Worrying reduction of capital levels Financial Times. November 14 2007, p.14.

Record type: Article


Sir, At first glance it might appear embarrassing for the Financial Services Authority that it recently granted Basel II IRB waiver to Northern Rock in June 2007. The impact of this was to permit Northern Rock to increase its gearing capacity as the capital requirement under IRB is significantly less than under the standardised approach.

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Published date: 14 November 2007


Local EPrints ID: 51601
ISSN: 0307-1766
PURE UUID: 5ceb9d02-014b-4039-945c-005ea5321aa3

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Date deposited: 23 Jun 2008
Last modified: 17 Jul 2017 14:48

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