Reuters: Regulatory News: Fed's Tarullo urges international action on regulating banks

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Fed's Tarullo urges international action on regulating banks Feb 22nd 2013, 23:30 NEW YORK | Fri Feb 22, 2013 6:30pm EST NEW YORK Feb 22 (Reuters) - Federal Reserve board member Daniel Tarullo on Friday urged completion over the next year of an international proposal for capital surcharges for systemically important banking organizations. Tarullo, in an address to the Cornell Club in New York, also said an international designation of non-bank systemically important organizations should be completed over the next six months.

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