The British Bankers' Association, the banking trade body, described the FPC's report as "the latest step in an ongoing discussion between the UK's banks and their regulators" about the levels of capital they should be holding.
The Swiss Federal Banking Commission, the body responsible for banking supervision, had been critical of various banks' efforts to search for funds suspected of involvement in money laundering, but concedes that procedures have since been tightened up.
Unlike the politicians at Copenhagen, the central bank governors and heads of banking supervision who form the oversight body of the Basel Committee on Banking Supervision - which decides these vital rules for banks - well, they don't exactly court the media.
The body that oversees banking in China warned that 2010 could see an increase in substantive risks and losses for Chinese banks.
Kovacevich recounts a disturbing conversation he had with the Federal Reserve during the crisis that underscores the potential perils of placing the banking industry under a single regulatory body.
FORBES: Richard Kovacevich on What Really Caused the Financial Crisis
The US and EU have placed restrictions on dealings with Iran's Central Bank - the only official channel for Iranians to transfer money abroad - and Swift, the body that handles global banking transactions, has cut Iran's banks out of its system.
That is a body blow that the European banking system could not endure.
The proper study of mankind was indeed man: not in his politicking, warring or banking, but naked, painting his body, hunting bears, snaring birds.
Central bankers who make up the oversight body of the Basel Committee on Banking Supervision announced new capital standards for banks on Sunday, aimed at reducing the risk of another financial crisis that comes from a drying up of banks' liquidity.
There is an oddity at the heart of today's historic agreement by the oversight body of the Basel Committee on Banking Supervision, which for the first time will impose new minimum requirements for the amount of cash and liquid assets that banks all over the world will have to hold.
He told BBC Radio 4's the Week in Westminster there should be exams for those who want to work in the banking industry and suggested employees could be overseen by a professional body.
BBC: Archbishop criticises City for 'culture of entitlement'
Nearly one in 10 companies can't service the principal on their debt, according to insolvency trade body R3, suggesting that many are being kept on life support by a banking system unwilling to recognize losses and under political pressure to maintain corporate lending.
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