…to him, such an institution will work directly with refiners and marketers to absorb market risks, facilitate product distribution, and stabilize fuel pricing. He urged the Federal Government to introduce additional incentives that would support independent marketers and help keep fuel prices affordable for consumers.…

…Basel III reforms. Their joint letter seeks to slash operational risk capital, claiming market risk rules double-count exposures, and requests looser credit definitions with delayed implementation. However, critics contend these demands rely on flawed justifications, misrepresenting past operational losses and overlook…