Will also keep an eye out for unintended adverse consequences.
“We reiterate our commitment to support the timely, full and consistent implementation and finalisation of the agreed G20 financial sector reform agenda."
In a statement issued following a two-day meeting in Baden-Baden, finance chiefs of the Group of 20 nations renewed their pledge to finalize the Basel III overhaul of global banking standards. The G-20 urged the Basel Committee on Banking Supervision (BIS) to finalize the Basel III reforms “without further significantly increasing overall capital requirements” from those previously proposed.