LONDON, March 11 (Reuters) - Britain said it did not plan toimpose far stricter rules on how much banks could leverage theircapital as it was not currently needed and it will review therules in 2017 when global regulations are clearer.
Britain plans to impose a "leverage ratio" of 3 percent onits banks, meaning they can leverage their capital by up to 33times, but an influential panel of lawmakers said the rulesshould be far stricter.
"Our view is that at this time we should follow theinternational approach, to press for countries to have a powerto set a higher ratio for 2018 following a review in 2017," saidBritain's Financial Secretary to the Treasury Greg Clark, aspart of a debate on banking reforms.