‘International Accord On Bank Leverage Unlikely To Sway US’ Law 360

In effect, the changes allow the largest banks to lower their exposure to derivatives and other financial products through accounting mechanisms rather than divesting some of the largest positions, said Mayra Rodriguez Valladares, the managing principal of consulting firm MRV Associates.

“All these changes amount to having the derivatives exposure look smaller, and the capital required for that is smaller,” she said.

 

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