banks’ headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks … put more pressure on the banks’ capital. Given high bank concentration and large offshore wholesale funding needs, the … merits of higher minimum capital requirements for systemically important domestic banks could be considered, together with …

' headline capital ratios underestimate their capital strengths. Given their high capital quality and the progress in their …' capital. Therefore, it would be useful to consider the merits of higher capital requirements for systemically important …