The Basel group plans to put uniform implementation of the Basel III reforms at the top of its agenda, according to a Reuters report.
The measures will also force banks to cut back on short-term funding.
According to the report, the reforms, which were agreed to by the member states, will force banks to hold more top-quality capital against unexpected losses, but there are rising concerns that some countries will not stick to the agreement.
Stefan Ingves, head of the Swedish central bank said in the report, "It is going to be all about implementation in as uniform a way as possible. Balkanisation of the rules over the long term is not in anyone's interest."
View the full report here.
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