BRUSSELS, Sept 28 (Reuters) - A capital surcharge on large banks is not expected to become mandatory in all the world's top economies, a senior regulator said on Tuesday. Leaders from the Group of 20 countries will discuss in November what extra loss-absorbing capacity "too big to fail" banks must hold but a plan for capital surcharges is meeting resistance in France and elsewhere.
"Details should involve appropriate tailoring for national circumstances. It may involve a different balance in different countries...," Financial Services Authority Chairman Adair Turner told the annual Eurofi conference on EU financial regulation.
Some countries will wish to proceed with capital surcharges while other countries will opt for using contingent capital or other measures, Turner said.