Finally viewing with alarm bank retrenchment across the globe, regulators are set to ease...

|By:, SA News Editor

Finally viewing with alarm bank retrenchment across the globe, regulators are set to ease stringent new capital rules - known as Basel III - set to begin kicking in in 2013. China has already postponed its tough new rules, and the U.K. "capitulation" this week suggests that country's regulators have seen the light.