Regulators are considering using OECD classifications to set bank capital levels instead of...

|By:, SA News Editor

Regulators are considering using OECD classifications to set bank capital levels instead of ratings from the likes of S&P and Moody's, which the Dodd-Frank Act seeks to remove from the calculations. The tiny flaw is that the OECD assigns zero risk to most EU government debt, including that of Greece and Portugal.