Financial Stability Board Chairman Mark Carney said big international banks had boosted their fresh capital to USD 500 billion since 2009. The Chairman and Bank of England Governor also said the global lenders were on track to full compliance of the rules on global capital.

In a press conference in London, Carney said the half a trillion dollar capital increase was "encouraging" even if it was "uneven." In a report released last week, the Basel Committee on Banking Supervision said the core capital reserves of international banks last year was put at an average of 9% of their risk-weighted assets. This figure was 7% above the requirement set forth in the updated Basel standards. By 2019, Carney told reporters that all members of the FSB would need to adhere to more stringent capital rules.

According to its website, the FSB was established "to coordinate at the international level the work of national financial authorities and international standard setting bodies and to develop and promote the implementation of effective regulatory, supervisory and other financial sector policies." FSB members are the Group of 20 nations. The Group of 20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Mexico, The Netherlands, Republic of Korea, Russia, Saudi Arabia, Singapore, South Africa, Spain, Switzerland, UK and the US.