FSB: Emerging Markets Fear For Credit Under New Rules
Posted on June 19, 2012 at 18:54 PM EDT
    Developing nations fear that credit and liquidity in their markets will dry up as major international banks struggle to meet tougher global rules, the Financial Stability Board said.     In a report on the effect on emerging markets from Group of 20-led regulatory reforms, the FSB said some developing economies were worried that [...]

    Developing nations fear that credit and liquidity in their markets will dry up as major international banks struggle to meet tougher global rules, the Financial Stability Board said.
    In a report on the effect on emerging markets from Group of 20-led regulatory reforms, the FSB said some developing economies were worried that higher capital requirements levied on major international banks could have unintended consequences, both on their own financial markets … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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