STOCKHOLM, Oct 10 (Reuters) - Sweden's Financial MarketsMinister Peter Norman said on Wednesday that new, toughercapital requirements for banks were likely to be in place at themiddle of next year and not January as previously targeted.
"Everything indicates that the negotiations are dragging onand January 1 is not a probable date," Norman told reporters.
"We are beginning internal legislative work at the FinanceMinistry that I hope will come into force in the middle of2013."
The centre-right government plans to impose a core capitalrequirement of 10 percent, a level Sweden's banks alreadyexceed, in a first step next year and raise it further to 12percent in 2015.
(Reporting by Johan Sennero; writing by Niklas Pollard)
Keywords: SWEDEN CAPITAL/