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
