US EditionBoE set to push back deadline for implementation of Basel reforms
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BoE set to push back deadline for implementation of Basel reforms
The Bank of England is planning to push back implementation of the final round of Basel reforms by six months after receiving a deluge of industry feedback. The Basel reforms are the global regulatory overhaul undertaken in the wake of the 2008 financial crisis, which set new minimum standards for liquidity and capital requirements. Negotiations have been going on for years and after a series of delays, regulators announced implementation at …
·London, United Kingdom
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