Banks Will Disclose More Details on Risk Practices

Bloomberg, Sean B. Pasternak, 25 January 2008Canadian banks including Royal Bank of Canada and Toronto-Dominion Bank will begin disclosing more information on their risk management starting as early as next month when they release first-quarter results.Under new rules set by Basel II, a global standard for capital and risk practices, banks will be required to disclose 14 measures to investors,